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Zohran Mamdani’s business council includes the CEOs of Chobani and Etsy. But Wall Street and Big Tech turned him down
The democratic socialist mayor is bringing leaders from Chobani, Etsy, RXR and more to City Hall—but several prominent executives didn’t join.
Mamdani reaches out to CEOs to boost city economy; what it means
Some of the biggest names include Chobani CEO Hamdi Ulukaya, New York Liberty CEO Keia Clarke, Etsy CEO Kruti Patel Goyal and Pat Wang, CEO of Healthfirst.
Mamdani's government grocery store plan ‘disastrous’ for business owners, chamber of commerce official says
Greater New York Chamber of Commerce President and CEO Mark Jaffe, who is legal counsel and a founder of the Multicultural Business Coalition, says New York City Mayor Zohran Mamdani's effort will be "disastrous" for business owners.
Greenland research institutions halt new US collaborations citing mistrust
Although US President Donald Trump still harbours ambitions to take over Greenland, for US researchers his actions seem to have had the opposite effect. Over the summer, Greenland’s two largest research institutions, the Greenland Institute of Natural Resources and the University of Greenland, both announced policies of not starting new research projects with US researchers.Both institutions cite a mistrust of the US as a motivation for the decision. At the University of Greenland, the change of policy has already led to the rejection of specific proposals for new collaborations, rector Mari Kleist told Science|Business. “The reason is the changed political situation between the US and Kalaallit Nunaat [Greenland], and the uncertainty that the American interest in Kalaallit Nunaat has created,” she said.For the Greenland Institute of Natural Resources, a partially state-funded environmental research institution, the decision was also prompted by a lack of trust in US intentions. In a July interview with local broadcaster KNR, director Josephine Nymand cited concerns about data ownership, US “influence operatives” and social media monitoring of researchers entering the US.The Greenland Institute of Natural Resources has long collaborated with the US National Science Foundation (NSF). The policy change will not affect these existing partnerships but will apply to collaborations with new, “unknown” partners, Nymand said. At the University of Greenland, the policy is the same.The changes come amid proposals of severe cuts to the NSF, which would likely also see the US research presence in Greenland reduced. In spite of this, when asked about the Greenlandic policy change, the NSF remained optimistic of its continued presence in Greenland.“We are grateful to our partners in Greenland for their collaboration in advancing scientific knowledge and training the next generation of researchers. NSF remains committed to the long-term collaborations with Greenland that enable scientific research near communities and on Greenland’s ice sheet,” an NSF spokesperson told Science|Business.Fewer US researchers in GreenlandMost research published on Greenland is on natural science topics such as the cryosphere, ice dynamics, permafrost and climate change. In recent years, US researchers have been the most prolific publishers on Greenland.The US research presence in Greenland goes far beyond the capital of Nuuk, where the two research institutions are located. It includes the Pituffik Space Base in northwest Greenland, various projects in settlements and research stations along the coast, as well as research stations on the Greenland ice sheet itself.The largest of these sites, Summit Station, is located at the highest point of the Greenland ice sheet, about 3,200 metres above sea level, and since the 1980s it has been used for drilling cores out of the ice sheet. These ice cores provide valuable information on the global climate going back at least 100,000 years. About 30 kilometres from Summit Station, the Danish-led Greenland Ice-core Project (Grip), funded by the European Research Council, is also drilling ice cores. Although they initially competed, the relationship between the two research teams has “long been amiable,” Jørgen Peder Steffensen, a Danish researcher who has been part of Grip for more than 40 years, told Science|Business.However, since Trump took office in early 2025, Steffensen has noticed a reduction in US research in the country. “Several of our American partners did not make it into the field this year. Their field seasons were cancelled because they lacked the budget,” he said.He ascribed part of the reduction in US researchers to a renovation of Summit Station. “A very large share of NSF funding has gone into renewing the station. Money has been taken from research and allocated to rebuilding it,” he said.A report published in August by Arctic Hub confirms Steffensen's observations of fewer US researchers. It shows that US research publications on Greenland took a dip towards the end of the period spanning 2015 to 2024. In 2024, before Trump took office, the number of publications had fallen from an average of about 250 articles a year, to just 164, second behind Canada at 169.Data from the NSF logistics provider Battelle also shows a reduction in US research presence in Greenland in recent years. In 2023, Battelle counted 48 projects across 78 locations, but in 2025 that number had fallen to 40 projects across 38 locations. And while relations with US personnel in Greenland have remained strong, some tensions have arisen since Trump took office. “On a personal level, there is nothing. But it’s hanging in the air. It hangs unspoken,” Steffensen said.Cutting ties with US researchers entirely would come at a higher cost for the ice core researchers than the Nuuk-based institutions. To get cargo to and from their bases, both Grip and Summit Station rely on unique, ski-equipped Hercules LC-130 aircraft operated by the New York Air National Guard. Without these, maintaining a research base on the Greenland ice sheet would not be viable on current budgets, Steffensen said. “[If the Hercules planes were not available], we would have to think outside of the box. We would have to use smaller planes, and we would have to build a base closer to the coast. But staying in our current location would be too expensive and it would create a huge carbon footprint,” he said.Suspicious people in NuukIn her explanation of the severed US ties, Greenland Institute of Natural Resources director Josephine Nymand compared the decision to past situations when the institute had to cut ties with China and Russia, the latter due to Russia’s full-scale invasion of Ukraine in 2022. And although the current situation is less severe, the comparison reflects the seriousness with which Nuuk sees the US threats. “From Greenland’s perspective, the US may not look so different from Russia right now: a much larger neighbouring power threatening to invade,” Lin Alexandra Mortensgaard, a researcher of international politics in the Arctic at the Danish Institute for International Studies, told Science|Business. “From a European perspective, it is not a comparable situation, because we are entangled with the US on all possible fronts and do not want to destroy more than is absolutely necessary. But from Greenland’s side, there may well be a need to send a clear signal to the US,” she went on. Suspicions have been fuelled by instances of Trump-affiliated people in Greenland trying to persuade Greenlandic citizens to support a US takeover. The most prolific among them is Tom Dans, a former venture capitalist and pecan farmer who was appointed by Trump as the chair of the United States Arctic Research Commission. Observers fear that he is now using research to achieve a US takeover.“Greenland is a small society with a small population, so when Americans with unclear affiliations wander around, trying to be good friends with people, and you don't know what they want, that creates mistrust. This probably played into the research institutions taking these drastic steps,” Mortensgaard said.Related articles:The US ‘golden age’ science strategy: what Europeans need to knowEU polar research melts into the backgroundAnchor Greenlanders in Arctic climate research, experts tell EU ahead of policy updateAnd although Greenland’s population is small at just 57,000, for Mortensgaard, it serves as a microcosm for the geopolitical situation as a whole: global powers fighting for their interests to the detriment of the common interest. Arctic research already suffered when collaborations with Russia broke down in 2022, she said, so a split with the US would be a serious hit to climate science.“The Arctic climate system does not respect borders or geopolitical divides. When collaboration across those lines suddenly becomes impossible, it is a huge problem for knowledge production,” she said. European alternatives?The Greenland Institute of Natural Resources is funded partly by research grants from external sources like the NSF. To replace the US funding, the institute will have to look for alternative revenue sources, and Nymand said that she is looking to Europe for those. Aside from Denmark, of which Greenland is formally a part, she also noted increased interest in research collaborations from the UK, France and Switzerland. Kleist of the University of Greenland told Science|Business that it was too early to say if the severed US ties would lead to more collaborations with Europe. Meanwhile, Mortensgaard believed that the tensions in Arctic research could well leave room for closer European partnerships, or stronger links with Canada. “I spoke to Canadian researchers who had long-standing relationships with American colleagues and who collaborated with the US Navy, but who had gotten worried that their data on sea ice could be used if Trump suddenly decided to follow through on his threats of invading,” she said. “Like Canada, I think Greenland is considering creating closer ties to Europe and I think European capitals will be open to this,” she said.
Lindsay Clancy case: Closing arguments begin as experts divided over mental health
Closing arguments begin in the Lindsay Clancy murder trial as the jury prepares to weigh her mental state. Forensic psychiatrist Dr. Daniel Bober joins 'Fox & Friends First' to weigh in on the case.
Hospitals are plotting a long-shot push to roll back $1 trillion in Medicaid cuts
Inside health systems' efforts to mitigate massive funding cuts.
Commanders’ Jayden Daniels Gets Blunt About Ravens’ Lamar Jackson
The Washington Commanders and Baltimore Ravens held a joint practice on Aug. 26 ahead of their preseason finale on Aug. 28. Moreover, it featured two teams with star QBs, as both sides hope their signal-callers can lead them to the postseason after missing the playoffs last season.After the practice session, Jayden Daniels spoke to the […] The post Commanders’ Jayden Daniels Gets Blunt About Ravens’ Lamar Jackson appeared first on HEAVY.
City rescinds hundreds of pied-à-terre tax letters
Mayor Zohran Mamdani is still banking on getting $500 million a year from the surcharge being rolled out.
Mamdani Persuades C.E.O.s to Join His Business Advisory Council
Mayor Zohran Mamdani, a democratic socialist who has struggled to win over Wall Street, intends to use the council to help him invigorate New York City’s economy.
Florida Chamber CEO: Companies eye Sunshine State 'from all over the country' after viral Mamdani billboard
A Rochester tech firm is among companies contacting the Florida Chamber of Commerce after its viral Times Square ad crowned Zohran Mamdani a top recruiter.
Daniil Medvedev contemplates pickleball career, curling in pre-U.S. Open changeover crash-out
The 2021 U.S. Open champion meditated on the sporting possibilities available to him one year on from a total meltdown in New York.
No, Americans haven't embraced socialism. Suffering people have given up on politics as usual.
Aside from civics and C-SPAN nerds (like me), I’m not convinced that wide swaths of the working Americans care about political ideologies.
Daniel Lubetzky's 3 steps to turn a wild idea into a viable business
Kind Snacks founder and "Shark Tank" star Daniel Lubetzky says the best business ideas often begin by sounding ridiculous.
VCU’s Daniel Gutierrez receives $3 million grant to train mental healt
The School of Education professor and his team are working on two initiatives that will prepare clinicians globally.
Why business owners are suing Zohran Mamdani
The initiative is one of Mamdani's main promises, with its first store expected to open in 2027. But why are some business owners against the move?
New York business group sues Mamdani over city-owned grocery stores plan
Multicultural Business Coalition sues New York City mayor, alleging plan for city-run stores will harm smaller grocers
NFL fans make their picks in the South divisions
This week our SB Nation Reacts surveys gauged who NFL fans believe will win the AFC South and the NFC South. A year ago the Houston Texans were dethroned as AFC South Champions by the Jacksonville Jaguars. The Indianapolis Colts got off to a hot start but faded after quarterback Daniel Jones suffered a season […]
Mamdani is back, defends administration while away
Mamdani took the first vacation of his administration last week.
Zohran Mamdani Is Turning His Fire on Amazon
The socialist mayor has taken the retail giant to task over the status of delivery workers, the sale of illegal e-bikes and fines for idling vehicles.
NYC businesses sue Mamdani over city-run grocery stores
The Multicultural Business Coalition — which represents NYC grocers and bodegas — filed a lawsuit Monday over Mayor Mamdani's city-run supermarkets.
NYC business group sues over Mamdani’s city-owned supermarkets
Multicultural Business Coalition Chairman Frank Garcia discusses his group’s lawsuit challenging Zohran Mamdani’s NYC-owned supermarket proposal on ‘Varney & Co.’
Local Business Group Sues Over NYC Mayor Mamdani’s Plan to Open Government-Owned Grocery Stores
The lawsuit argues that the mayor’s plan would introduce unfair competition to a struggling industry dealing with slim profit margins.
Big Apple targeted in lawsuit over Mamdani's government grocery store plans
New York City is facing a lawsuit challenging Mayor Zohran Mamdani's plan to open multiple government-tied grocery stores that offer discounted items.
Culture, welfare and politics clash over Sri Lanka’s long-delayed animal welfare law
KANDY, Sri Lanka – The famous Kandy Esala Perahera procession is one of Sri Lanka’s most vibrant religious-cultural celebrations, which transforms the hill capital into a spectacle of color, music, dance and caparisoned elephants to honor the tooth relic of the Buddha. But as the country prepared for this year’s Esala Perahera, which started on […]
Daniel Snyder 'Invisible' Three Years After Selling Commanders
The infamous NFL owner hasn't been heard from.
How New Yorkers feel about Mamdani's city-run grocery stores
NYC Mayor Zohran Mamdani plans to open five government-run stores. New Yorkers are skeptical about the plan — but they do want more affordable food.
Mamdani's grocery plan could bankrupt local bodegas, business leader warns
Multicultural Business Coalition chairman Frank Garcia discusses a lawsuit against New York City over Mayor Zohran Mamdani's $70 million government-run grocery plan.
Public health order to ban the sale of kratom in Albany County
The sale of kratom is set to be banned in Albany County. On Friday, Albany County Executive Daniel P. McCoy announced that the Albany County Department of Health will issue a public health order on…
Danielle Fishel says she was promised ‘Girl Meets World’ wouldn’t be a ‘Boy Meets World’ reboot: ‘Frustrated’
Danielle Fishel said she was ‘frustrated’ by ‘Girl Meets World’ writers ‘trying to shoehorn’ ‘Boy Meets World’ elements into the follow-up series: ‘It was going to be a whole new show.’
Explained: Daniel Levy’s Spurs shareholding, Lewis family’s investment and Eight Sports claim
While Spurs fans may be focusing on the transfer market and the new season, there is no end in sight to the club's boardroom saga
Vice President JD Vance blasts Mamdani, El-Sayed, AOC and Ossoff in rapid-fire TikTok roast
JD Vance called Alexandria Ocasio-Cortez a "communist" and Adam Schiff "irrelevant" in a rapid-fire TikTok video rating politicians.
Dana Perino: They’ve made it impossible for business owners to do business
‘The Five’ co-hosts discuss criticism of New York City Mayor Zohran Mamdani’s plan to open five city-run grocery stores.
‘Living, Together’ seeks to redefine roommates, communal living
Samantha Paige Rosen and fellow contributors to "Living, Together" will be at Third Place Books Ravenna on Aug. 28 for a discussion with Daniel Tam-Claiborne.
Missouri court allows new Trump-backed U.S. House districts to be used in November election
The ruling Wednesday by Cole County Circuit Judge Daniel Green is a victory for Republicans seeking to hold onto their slim majority in the U.S. House. But the case is likely to end up in the state Supreme Court.
The trajectory of Dwolla
Around the end of 2010, a new company in Des Moines spread its wings and made an announcement at Mars Cafe. The company was called Dwolla and it would be entering a new era: mobile payments. Daniel Bosman, the owner of Daisy Chain Coffee in the East Village, was an employee at Mars Cafe at…
Speaker Menin calls push against Mayor Mamdani at 9/11 ceremony ‘absolutely inappropriate’
City Council Speaker Julie Menin on Wednesday rejected calls for Mayor Zohran Mamdani to stay away from the 25th anniversary commemoration of the Sept. 11
What next for Mark Walter, the Los Angeles Dodgers and the Lakers?
This week's sports-business newsletter from The Athletic, featuring discussion of the Dodgers, Lakers, Liverpool, Jayden Daniels and more.
Giants news: New York's 'biggest winner' from Jaguars trade
The New York Giants traded Daniel Faalele to the Jacksonville Jaguars. The former Baltimore Ravens lineman stands 6-foot-8 and weighs 380 pounds, making him one of the biggest players in NFL history. After joining the Giants this offseason, the mountain of a man worked primarily as a second-string guard. However, preseason and training camp […] The post Giants news: New York's 'biggest winner' from Jaguars trade appeared first on ClutchPoints.
Inside the Golf Cart Business with Chris Szabo
In this episode of Entrepreneurial Shades of Gray, Dani sits down with Cartiology owner Chris Szabo.
AMPLIFIED: Las Vegas nightlife, Stoney’s Sunset grand opening, and Sphere F1 party
Watch FOX5 Amplified as co-hosts Dani and Tom debrief Las Vegas nightlife, including Stoney's Sunset grand opening and the Backstreet Boys F1 afterparty at Sphere.
New York politician calls Mamdani’s tax list a ‘Scarlet Letter’
Fox News anchor Martha MacCallum has the latest backlash to NYC Mayor Zohran Mamdani’s second home tax on ‘The Story.’
US energy business Centuri Holdings hires former Berry president as legal chief
US energy business Centuri Holdings hires former Berry president as legal chief
City Council to hold hearing on Mamdani's pied-à-terre tax rollout
The pied-à-terre tax applies to non-primary residences.
City Council to hold hearing on Mamdani's pied-à-terre tax rollout
The pied-à-terre tax applies to non-primary residences.
2026 APSA Theme Panel: The Politics of Opposition to Democratic Backsliding -
The Politics of Opposition to Democratic Backsliding Sunday, September 6, 10:00 am to 11:30 am 2026 APSA Annual Meeting & Exhibition — Boston, MA | Register here In-person | Full Paper Panel Participants: (Chair) Daniel L. Tavana, [...]
Did life-friendly planets really form just after the Big Bang? Science stirs debate - Futura-Sciences
Standard models of galactic evolution indicated that the universe needed several billion years after the Big Bang to produce enough heavy elements for rocky planets. Vorobyov and co-author Daniel Whalen at the University of Portsmouth tested the accuracy of the time scale using computational models. Their team found evidence that...
Maternal mental health in focus following Lindsay Clancy murder trial
The Lindsay Clancy trial highlights the critical issue of maternal mental health. Forensic psychiatrist Dr. Daniel Bober joins to discuss postpartum depression, its hidden dangers and symptoms to watch out for.
Chargers' Mike McDaniel shares heartfelt message about Kyle Shanahan
Mike McDaniel revealed what Kyle Shanahan means to him ahead of Chargers-49ers joint practice.
Cubs Announce Daniel Palencia Move Before White Sox Series
The Chicago Cubs made a flurry of roster moves ahead of their series against the Chicago White Sox. Among the moves the team announced was closer Daniel Palencia’s transfer to the 60-day injured list.Such a move is more procedural rather than anything. The Cubs needed to clear a 40-man roster spot for utilityman Owen Miller, […] The post Cubs Announce Daniel Palencia Move Before White Sox Series appeared first on HEAVY.
From Greenpoint merchants to Chinatown lights: Where NYC’s $8.4M small-business grants are going
The grants announced Monday by Mamdani and the Department of Small Business Services will also pay for street cleaning, lighting, public art, wayfinding,
Mike Johnson taunts Hakeem Jeffries for losing Dems' civil war 'in his own backyard'
Speaker Mike Johnson says Democrats are in an "open civil war" after DSA-linked candidates backed by Zohran Mamdani toppled Jeffries' allies.
James Justin: Everyone kept passing it back to me
Leeds United defender James Justin believes the team have had a fantastic pre-season ahead of the Premier League’s curtain raiser next weekend.Daniel Farke’s side were again impressive in their fi...
Meet & Greet For County’s Economic Development Administrator Max Khudiakov Draws Few Businesses
Los Alamos Commerce & Development Corporation executive director Lauren McDaniel, far left, chats with Ellyn Felton, Los Alamos County Tourism & Marketing Program Manager, . Anita Barela, C…
Best QBs Clemson with Face in the ACC (Part 2)
The ACC was once the conference of quarterbacks boasting Deshaun Watson, Lamar Jackson, Brad Kaaya, Ryan Finley, Daniel Jones, and Mitchell Trubisky as starters all at the same time (2016). This year looks like a potential down year for ACC QBs. The Tigers will likely start Christopher Vizzina who has just one career start and […]
Major political transformation is underway in Hungary after Victor Orban was ousted
NPR's Danielle Kurtzleben speaks with journalist Nick Thorpe about the changes made by the Hungarian government since Victor Orban's Fidesz party lost power following elections in April.
Sports Final: St. Louis Post-Dispatch Sports Writer Daniel Guerrero On Joshua Baez’s Historic Debut
ST. LOUIS – We’ve never seen this before. Joshua Báez made MLB history at Wrigley Field, launching three home runs in his Cardinals debut and becoming the first player ever to homer in each of his first three career at-bats. St. Louis Post-Dispatch Cardinals Writer Daniel Guerrero joined Sports Final to break down this historic […]
What investors say went wrong at Selena Gomez's mental health startup
Selena Gomez launched the startup in 2021 alongside her mother, Mandy Teefey, and Daniella Pierson, a business partner.
What investors say went wrong at Selena Gomez's mental health startup
Selena Gomez launched the startup in 2021 alongside her mother, Mandy Teefey, and Daniella Pierson, a business partner.
Buccaneers' undrafted rookie QB Jalon Daniels impresses in preseason debut
Buccaneers undrafted rookie quarterback Jalon Daniels is fourth on the depth chart, but he looked in his preseason debut like he might have an NFL future.
Paul Finebaum Blasts Commanders’ Jayden Daniels Over LSU Rift
Washington Commanders quarterback Jayden Daniels is at odds with the LSU Tigers football program after the school gave his former No. 5 jersey to sophomore cornerback DJ Pickett. Daniels wore No. 5 during his time with the Tigers and became the program’s third Heisman Trophy winner in 2023.As a result, Daniels’ attorney sent a cease-and-desist […] The post Paul Finebaum Blasts Commanders’ Jayden Daniels Over LSU Rift appeared first on HEAVY.
Despite Mamdani’s Attempts to Appease, Many Business Leaders Remain Wary
The mayor’s attempt to create a business advisory council has been hampered by some concern that joining the council may be perceived as an endorsement of Mr. Mamdani.
Politics Unusual: Mamdani's 'honeymoon' period with NYC, horse carriages in Central Park
In this episode of Politics Unusual, FOX 5 NY's political reporter Morgan McKay speaks to Chris Sommerfeldt, POLITICO's City Hall reporter, and Ben Max, the host of "Max Politics," about whether Mayor Mamdani's "honeymoon period" with New York City has come to an end. Also, a conversation with TWU International President John Samuelsen about potentially banning horse carriages in Central Park.
New Science Is Forcing Us to Rethink the Moment We Die
On the latest episode of “The Astounding Pop Mech Show,” Andrew Daniels, Shawn Gorman, and John Gilpatrick discuss what it really means to die.
APS science teacher selected as Albert Einstein fellow at Library of Congress
An Arlington educator was honored by county school leaders this week after being selected to participate in a prestigious federal fellowship program. Daniel Bernhardt, who teaches science at Swanson Middle School, has been selected as an Albert Einstein Distinguished Educator Fellow and appointed teacher in residence at the Library of Congress for the 2026-27 school
Mamdani’s ‘Bro’ Culture in City Hall: Sports, Memes, Nicknames for All
As much as Zohran Mamdani’s team runs on leftist idealism and social media hits, its style of governing also relies on humor, sports references and pop culture.
‘You Never Know What Happens’ – Joe Burrow Breaks Silence on Noise Around Jayden Daniels-LSU Controversy
Washington Commanders quarterback Jayden Daniels’ feud with the LSU Tigers has continued to escalate after he sent a letter to the SEC giants expressing his disappointment about a player using his No. 5 jersey.
Bengals news: Joe Burrow reacts to Jayden Daniels-LSU fiasco
Bengals star Joe Burrow, who also hails from LSU, was asked about his thoughts on Jayden Daniels' legal battle with their alma mater.
Jayden Daniels reportedly made odd Heisman Trophy request with LSU
Daniels continues to receive bad press heading into the 2026 NFL season.
Jayden Daniels Takes Legal Action Against Louisiana State
The Louisiana State Tigers are one of the most successful football programs in the nation.LSU is one of few other programs that have yielded multiple Heisman Trophy victors. Unfortunately, it appears as if they find themselves on less-than-ideal terms with one of the winners.ESPN obtained a copy of a letter sent by Jayden Daniels‘ legal […] The post Jayden Daniels Takes Legal Action Against Louisiana State appeared first on HEAVY.
Jayden Daniels feels ‘profoundly disrespected’ by LSU
Washington Commanders star quarterback Jayden Daniels emerged as a legitimate superstar with the LSU Tigers, blossoming into the eventual No. 1 overall pick and a Heisman Trophy winner. However, there now seems to be a major rift between Daniels and the program. The superstar quarterback is now reportedly refusing to allow LSU to use his…
Mamdani promotes budget; spending critiqued by Financial Control Board
The board is made up of the mayor himself, Gov. Kathy Hochul, the city and state comptrollers, and other appointees.
Baltimore entertainment venue, The 8 X 10, sold
The 8x10, a Baltimore live music venue, sold to Pennsylvania-based Rising Sun Presents, real estate firm Trout Daniel & Associates announced.
QBs Drake Maye, Daniel Jones to sit for Patriots-Colts preseason matchup
Daniel Jones and Drake Maye both had highlights during the joint practice between the Colts and Patriots. But practice is all the quarterbacks will be doing as the teams prepare to meet in their preseason opener.
In Wisconsin, the Centrists Strike Back With David Crowley’s Win | WSJ Politics Newsletter for Aug. 12
Plus, President Trump secretly switched planes to leave Turkey last month, and Zohran Mamdani discovers that running New York isn’t that easy after all.
Recapping Daniel Jones' performance in Colts v. Patriots joint practice
Let's take a closer look at how Daniel Jones performed in the Colts' joint practice with the Patriots.
Bradley Tusk says ‘IT’S VERY HARD’ to support Mamdani amid anti-business climate
Tusk Ventures CEO Bradley Tusk weighs in on the impact of NYC Mayor Zohran Mamdani’s policies on businesses.
Bradley Tusk warns Zohran Mamdani's anti-business policies hurt NYC jobs
Tusk Ventures CEO Bradley Tusk joins Stuart Varney to discuss New York City Mayor Zohran Mamdani's anti-business policies in New York City. Tusk warns Mamdani's class warfare rhetoric chases away major employers and hurts local NYC jobs.
New images of the sun show its surface in the finest detail yet
It’s dangerous to look directly at the sun without proper eye protection. But researchers were able to peek at its scorching surface with the help of the National Science Foundation’s Daniel K. Inouye Solar Telescope.
GOP senators rally behind 9/11 families in push to ban Mamdani from anniversary ceremony: 'He's a disgrace'
Republican senators back 9/11 families' petition to block Zohran Mamdani from attending the 25th anniversary remembrance ceremony at Ground Zero.
Mamdani takes aim at Amazon subcontracting model in multimillion-dollar delivery bill fight
Mayor Zohran Mamdani publicly threw his support Monday behind legislation that aims to reshape New York City’s last-mile delivery industry, escalating a fight
Mamdani's Business Council Is Taking Shape With 5 Big Names. Some CEOs Reportedly Said No
Chobani founder Hamdi Ulukaya and AlleyCorp founder Kevin Ryan have joined three finance veterans on the list of reported invitees.
Commanders sign offensive linemen Daniel Brunskill and Nicholas Petit-Frere
Scientists create OnlyFans account for marmots to fund research
UCLA professor Daniel Blumstein and his team started an OnlyFans account to raise money for their research amid government funding cuts
DSA set up table at Mamdani's city-run transit event
The DSA is not officially a political party.
Lawsuit filed against Mamdani administration's rollout of pied-à-terre tax
Their lawyer is a high-profile critic of Mayor Zohran Mamdani: former First Deputy Mayor Randy Mastro.
Senate confirms Cameron Hamilton to lead FEMA and clears 73 other Trump nominees
Hamilton was among a group of 74 nominations approved by the Senate, including President Donald Trump's pick to lead the Transportation Security Administration, David Cummins, and his choice for ambassador to Brazil, Daniel Perez.
Wall Streeters slam Mamdani’s new ‘Business Advisory Council’ — calling it ‘phony,’ ‘waste of time’
After going to war with the city's billionaires, the mayor is quietly recruiting Wall Street heavyweights for a new kitchen cabinet.
Boilermaker Business: Realizing I Have Something To Offer At Purdue Daniels
Anisha Nanda is a senior at the Mitch Daniels School of Business at Purdue University, majoring in Marketing and Business Analytics and Information Management (BAIM)
Mamdani wants to form business panel with ex-Lazard, UBS bankers
Mamdani is courting UBS, Lazard and BofA veterans for an advisory council spanning finance, real estate and tech, people familiar with the matter say
Mamdani Wants to Form Business Panel With Ex-Lazard, UBS Bankers
Mayor Zohran Mamdani’s administration is asking a former top executive for UBS Group AG in the US, an ex-global head of investment banking at Lazard Inc. and Bank of America Corp.’s New York City president to be among the business leaders joining his administration’s advisory council.
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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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.