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Labcorp and NACHC Launch Strategic Alliance to Strengthen Health Center Leadership and Advance Community Health
/PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, and the National Association of Community Health...
UnitedHealth shareholders sue company over ‘corporate governance failures on a historic scale’
The lawsuit was filed by two major institutional investors who blame company leadership for the 2024 breach on Change Healthcare and accuse executives of facilitating alleged Medicare billing fraud.
Multiple Businesses Burglarized During Overnight Crime Spree; Juvenile Arrested
On August 17, 2026, at approximately 5:00 AM, the El Paso County Sheriff’s Office Regional Communications Center received a call for service reporting a burglary in progress at a business in the 6800 block of Space Village Avenue in unincorporated El Paso County. As Patrol deputies responded, dispatchers received additional information indicating the suspect was […]
Roundup: Louisiana International Terminal / Ethane demand / Robot rush
Gateway to growth: The U.S. Army Corps of Engineers has granted the federal permit for the Louisiana International Terminal, clearing the way for construction of a major new container port on the Lower Mississippi River. Backed by Port NOLA, Terminal Investment Limited and Ports America, LIT is designed to handle the world’s largest container ships […]
Lester Ang Named Among Silicon Valley Business Journal’s “40 Under 40”
On August 14, 2026, Silicon Valley Business Journal named Wilson Sonsini corporate partner Lester Ang to its 2026 class of “40 Under 40” honorees, which showcases a new generation of leaders helping…
Neighboring business makes top bid for vacant Reserve Center in Grand Rapids
A Grand Rapids industrial equipment dealer placed the highest bid in the auction for an old Navy and Marine Corps Reserve Center next door.
Globalinx to purchase Virginia Beach land for colocation data center
The Virginia Beach Development Authority on Tuesday agreed to sell 9 acres of land in Corporate Landing Business Park to Globalinx.
After traumatic health ‘crash,’ Austin Tice’s mom renews search for answers
Austin Tice, a Marine Corps veteran, was abducted during a 2012 reporting trip to Syria.
After traumatic health ‘crash,’ Austin Tice’s mom renews search for answers
Austin Tice, a Marine Corps veteran, was abducted during a 2012 reporting trip to Syria.
Eric Jones Calls for a New Politics to Fight Corruption, Corporate Power and Rising Costs
Democratic challenger Eric Jones has initiated a campaign for Congress against longtime incumbent Representative Mike Thompson, with his platform emphasizing political reform, the mitigation of corporate influence, and the amelioration of economic inequality.
Michigan’s health care boom is reshaping its economy — and its skyline
For seven decades, the massive, neoclassical General Motors Building served as the headquarters of what at one time was the world’s largest industrial corporation.
AMC Entertainment Holdings (AMC) Proposes Governance Changes, Is The Rebound Already Priced In?
Governance changes put AMC Entertainment Holdings (AMC) in focus AMC Entertainment Holdings (AMC) has put corporate governance firmly on the agenda, asking shareholders to vote on declassifying its board, expanding stockholder rights, and loosening limits on director numbers at the September 24, 2026 annual meeting. See our latest analysis for AMC Entertainment Holdings. The governance proposals arrive after a sharp rebound in AMC Entertainment Holdings’ share price, with a 30 day share price...
Renaissance Technologies LLC Acquires New Shares in Starz Entertainment Corp. $STRZ
Renaissance Technologies LLC acquired a new position in shares of Starz Entertainment Corp. (NASDAQ:STRZ - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 50,200 shares of the company's stoc
Data Centers and Historic Heat Test Texas’ Business Strategy
Good Counsel columnist Carliss Chatman writes that recent heat waves and mushrooming data center plans in Texas are creating tension between the Lone Star state’s welcome mat to incorporate there, and it’s ability to support the infrastructure needed for business and taxpayers.
Six Flags Entertainment Corporation (NYSE:FUN) Receives Consensus Rating of "Hold" from Analysts
Six Flags Entertainment Corporation (NYSE:FUN - Get Free Report) has been given a consensus recommendation of "Hold" by the sixteen research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold
Elite science high schools boost enrollment as AI, chip demand grows
South Korea's elite science high schools will admit a record number of students next year, expanding opportunities for young science talent at a time when unive
St. Luke’s Health rebranding to incorporate parent’s CommonSpirit name, expanding BCM partnership
St. Luke's Health will rebrand under CommonSpirit name and expand its partnership with Baylor College of Medicine across Houston.
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…
Designing a Persistent Knowledge Layer That Refuses to Guess
RAG Retrieves, It Never Remembers. A vendor-neutral blueprint for applications that accumulate understanding. Includes a complete Azure-native implementation (Microsoft Foundry, Azure AI Search, Cosmos DB, FastAPI) mapped to a property-insurance corpus.
Musk’s headaches: meet China’s corporate matrix challenging his empire
From Tesla to SpaceX, Starlink and Neuralink, Chinese companies are giving – or trying to give – Elon Musk’s firms a run for their money.
The Legal Paths to Hoarding Political and Economic Power
At the same time that the Supreme Court is making the political landscape less competitive, a series of corporate law developments are concentrating power within the commanding heights of the data economy.
Researchers Find That Waist Size Is a Powerful Indicator of Health Risks
Measuring waist size may be one of the simplest and most effective ways to detect obesity-related health risks, according to a study by Rutgers Health researchers. The study, published in JAMA Network Open, found that combining body mass index (BMI) with waist circumference, or using waist circumference alone, performed as well as a newly proposed obesity definition that incorporates multiple body measurements.
Scenes From LACDC Business Meet & Greet For County Economic Development Administrator Max Khudiakov
From left, Los Alamos County Council Vice Chair Ryn Herrmann, Los Alamos County Economic Development Administrator Max Khudiakov and County Councilor Suzie Havemann mingle during the Los Alamos Commerce and Development Corporation’s (LACDC) business meet & greet Thursday at SALA Event Center. The event welcomed Khudiakov to the community and gave local business owners an […]
Democratic gubernatorial nominee Dan Ahlers says South Dakota needs to invest more in small businesses
South Dakota Democratic governor nominee Dan Ahlers says the state lacks small business support and criticizes a $69 million Sioux Falls corporate incentive.
AMC Entertainment Holdings (AMC) Puts Board Declassification And Shareholder Rights To A Vote
AMC Entertainment Holdings (NYSE:AMC) outlines proposed corporate governance changes ahead of its upcoming annual shareholder meeting. The company seeks to declassify its board of directors so all directors stand for election more frequently. Proposals include expanded shareholder rights to act by written consent and to call special meetings. Investors are weighing how the reforms could affect board accountability and shareholder influence at AMC. For readers watching AMC and looking for...
'Ghost town?' Colorado business leaders weigh all options as DSA gains ground
Local business owners and the Denver Metro Chamber of Commerce discuss corporate taxes, rising costs and the future of free enterprise as DSA-backed policies gain momentum in Colorado.
In the News: Britt Cruz and Christopher Wong Michaelson on Responsible Business - Newsroom
Britt Cruz and Christopher Wong Michaelson explore how global perspectives can reshape business ethics and corporate responsibility.
The Great Barrier Reef isn’t dead yet. According to News Corp that makes climate science a ‘pseudo-religion’
‘High coral cover is evidence of recovery and resilience, not evidence that the disturbances causing mortality didn’t happen’, scientist says
People are injecting fat from dead bodies. It’s called ‘zombie filler’
People are injecting fat from corpses and calling it "zombie filler." Doctors say the GLP-1 boom is driving the trend.
Small Businesses Despise Trump’s Tariffs
Mere hours after the Trump administration's latest tariff scheme launched on July 24, the government was sued again by the same small businesses that had already defeated prior White House tariff shenanigans, most notably at the Supreme Court. As Bloomberg Law reported, these companies are part of an “increasingly vocal cohort of business owners who emerged as the face of mom-and-pop tariff resistance.” What about Walmart Inc., Ford Motor Co. and the other titans of corporate America paying many
Michigan football 2026 position group breakdown: Linebackers
Michigan Football enters 2026 with a largely unproven linebacking corps, but the talent is undeniable. Here’s our position breakdown of the linebackers:
Journalism is key to combating bad practices in science
Watchdog science journalism has become a fundamental tool to counter scientific malpractice, such as publication fraud, abuse and political and corporate manipulation of science. A study by the Universitat ...
American Express Expands Virtual Cards for Corporate and Business Travel Spending
American Express is expanding the availability of virtual cards for businesses, as more companies use digital payments to manage expenses and reduce
President of Starz Entertainment Jeffrey Hirsch Buys 6.4% More Shares
Investors who take an interest in Starz Entertainment Corp. ( NASDAQ:STRZ ) should definitely note that the President...
See businesses that stay in Metcalfe Park and surrounding areas
Several businesses remain in Metcalfe Park despite corporate divestment, including locally owned Hayat Pharmacy, Bill the Butcher, and more.
Five Takeaways: North Idaho Economic Activity
For its latest episode of Elevating The Conversation, the Journal sat down with Wally Jacobson, executive director of the Panhandle Area Council and the interim executive director of the Coeur d’Alene Economic Development Corp., to discuss North Idaho economic activity.
Small Business, Happy Pets
Local veterinary providers say corporate-owned vet practices are becoming more common as the cost of operating an independent practice increases. Vets say cost of medications and increasing economic…
Legislative leaders indicate Dunleavy’s Alaska LNG bill is doomed as business groups pan it
The governor proposed a 2% corporate income tax on oil and gas companies that currently pay no state income tax, though the gas line project itself would be exempt.
Madison Square Garden Entertainment Corp. Q4 2026 Earnings Call Summary
Moby summary of Madison Square Garden Entertainment Corp.'s Q4 2026 earnings call
ICYMI: NJEDA to Auction Up to $25M in Business Tax Credits
The New Jersey Economic Development Authority (NJEDA) will auction up to $25 million in corporation business tax and insurance premiums tax credits in the
Peggy Flanagan wins Senate primary in Minnesota, notching another victory for progressive Democrats
Flanagan defeated centrist Rep. Angie Craig with a pledge to fight the influence of corporations and confront Republican President Donald Trump.
OPB’s First Look: Corporate money in Oregon politics
A new legal theory to skirt Citizens United could be tested in Oregon. Here's your First Look at Wednesday's news.
Niwot Incorporation Committee outlines business impact
The Niwot Incorporation Committee (NIC) held two informational meetings on Aug. 5 and Aug. 6 at Niwot Hall focused on how incorporation could affect local businesses. A total of about 30 people attended the two meetings. Opening the meetings, Tony Santelli, business vitality lead for NIC, said, "We're not here to convert you or to change you. We ju...
Madison Square Garden Entertainment shares rise after Q4 results beat forecasts
Madison Square Garden Entertainment Corp. (NYSE:MSGE) shares gained 3.
Madison Square Garden Entertainment Corp. Reports Fiscal 2026 Fourth Quarter and Full Year Results
NEW YORK, August 12, 2026--Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2026.
Madison Square Garden Entertainment Corp. Reports Fiscal 2026 Fourth Quarter and Full Year Results
Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial results for the fiscal fourth quarter ...
U.S. Businesses No Longer Face Corporate Transparency Act Reporting
A final rule from the U.S. Treasury eliminates reporting requirements for U.S. companies and persons under the Corporate Transparency Act, which remains on the books.
Sports hospitality veteran Don Dierig named chief operating officer of Sportservice
Delaware North, a global hospitality and entertainment company, today announced the promotion of Don Dierig to chief operating officer of Sportservice, its sports hospitality business. As chief operating officer, Dierig will lead Sportservice’s day-to-day food, beverage and retail operations across the company’s portfolio of sports venues spanning Major League Baseball, the National Football League, the […]
F.N.B. Corporation Enhances Offering for Ultra-High-Net-Worth Clients and Business Owners with Investment in Family Wealth Advisory Services
/PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today it has further enhanced its Family Wealth offering for ultra-high-net-worth clients with an...
Why GameStop’s bold $56-billion play for eBay is suddenly in doubt
(Bloomberg) -- GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.
Corporate Leaders Have Moved Left, But the Money Hasn’t Followed
In new research, Reilly S. Steel finds that corporate leaders’ individual political preferences are shifting left, but their aggregate spending remains skewed to the right.
NCSOFT profit beats forecasts as Lineage W drives sales to record
Webtoon Entertainment Inc., South Korean online giant Naver Corp.'s online comics platform, is betting on gaming with its first developer acquisition to t
Millennium Hotels and Resorts Partners with HXE to Strengthen Global MICE Business Through Digital Innovation
Millennium Hotels and Resorts (MHR), a global hospitality leader with a portfolio spanning key destinations worldwide, has entered into a Strategic Partnership Program agreement with HXE in Singapore. The partnership combines MHR's global hospitality network with HXE's digital MICE platform to create new opportunities for corporate meetings and events while supporting the growing demand for seamless, technology-enabled event planning.
A ballot fight over corporate money in Michigan politics is coming to voters
Voters will decide whether to upend campaign finance in Michigan when they head to the polls in November as outrage over money in politics intensifies pressure for reform.
Saber's newest game trailer takes a shot at Gearbox's CEO, if you look closely
The first hint that something might be up with the recent debut trailer for Saber Interactive’s Rideshare Stimulator is an unusual choice of words—aside from that second one in the game’s title. “Don’t take your passengers too seriously,” the trailer’s narrator says, as he describes this upcoming game. It a car game about the gig work of driving eccentric people to their destinations, a riff on Crazy Taxi. And then, he says: “When I think I’ve met the randiest of passengers, someone even stranger gets in.” “Randiest”? That suggests “randy,” which usually means having strong sexual desire. Yet none of the oddball backseat occupants featured in the trailer seem particularly lustful. One is an old man who considers his grandson a failure, another shares the theory that birds might control traffic lights, another says he’s banned from an aquarium. A little later, there’s a license plate, shown 63 seconds into the trailer, on the front of an SUV: USB DRV It’s a Texas plate. The symbol between those letters is a cog wheel. If you know, you know. That’s a reference to Texas-based Borderlands game development studio Gearbox Software (their logo features a cog wheel). More specifically, it’s a reference to Gearbox’s CEO Randy Pitchford, who in 2018 found himself explaining the nature of video he’d saved on a USB drive that was found at a Medieval Times restaurant before being returned to the studio: “It was ‘barely legal’ porn. This girl’s handle was ‘Only 18.’” The “girl” in the video had committed a solo sex act that Pitchford, an avid practitioner of magic, found remarkable. “I realized, this is not a sex worker…This is a fucking magician.” Back then, the USB drive was central to competing lawsuits against Gearbox by the studio’s former lawyer and by Gearbox against him. A settlement in late 2019 “exonerated” Pitchford, per the Hollywood Reporter. The USB story has resurfaced at times, now in a trailer from a company that not long ago was corporate brethren with Gearbox. Saber vs. Gearbox The head of Saber told Game File that the reference is payback. “The dig is because Randy took shots at Embracer in Borderlands 4,” Saber CEO Matt Karch told me when I asked him about the license plate. “Without Embracer, Randy is performing magic tricks at birthday parties for a living.” Having interviewed Karch during a cross-country flight in late 2024, I can confirm that Karch was unimpressed with Pitchford during their time both working in the Embracer group. I’d approached him not out of surprise that there was animosity but that it was manifesting publicly now. Gearbox was founded in 1999, worked on a port of Halo early on, and developed hit series such as the loot-based sci-fi shooter Borderlands before it was purchased by The Embracer Group in early 2021 for $363 million (with a possible earn-out of over $1 billion, if certain targets were hit by 2027). Saber was founded in 2001, worked on a remaster of Halo early on, had a big hit with zombie shooter World War Z and was purchased by Embracer in early 2020 for $150 million, with a potential earn-out of up to $375 million. For a few years, the Embracer group was a voracious acquirer of game studios. Then, as investment dried up, it choked. In March 2024, Embracer sold Saber to an investment company controlled by Saber CEO Matt Karch, and it sold Gearbox in an all-stock deal to long-time Borderlands publisher Take Two Interactive. Other studios were shut down. Hundreds of developers were laid off. Gearbox didn’t say much about their Embracer experience, nothing too direct, at least. In the summer 2024, Pitchford told reporter and occasional Game File contributor Nicole Carpenter that Borderlands 4’s story was in some way thematically connected to Gearbox’s experience at Embracer: “There’s this cultural and emotional shift in me, personally, and at the studio. What does it mean to trade some autonomy for organization?” When Borderlands 4 came out, there was something stranger: the matter of “Embracer’s Bluff,” a location in the game featuring an AI-powered toilet and a large trash dump, according to a detailed Kotaku account of the place. Gearbox never commented on it; Take Two never got back to me about it when I asked them last year. By contrast, since Saber exited Embracer, Karch has been one of Embracer’s biggest defenders, casting their management as well-meaning and supportive despite the layoffs and studio closures that resulted from their excessive expansion. Like others, Saber’s Karch saw Embracer’s as a shot. With Rideshare Stimulator’s trailer, he’s returned fire. “It’s amazing to me how fast people forget those who went above and beyond for them,” Karch told Game File. A rep for Gearbox did not comment by press time. Game File is a reader-supported publication. Your backing makes my reporting—including any coverage of trailer-based beefs—possible. Good news! I’m currently running Game File’s first big sale of 2026. You can get a one-year subscription for 23% off. Click here to take advantage of the limited-time offer. And thank you for your support! Item 2: In brief… 🚫 Wal-Mart has laid off the staff of Restart, a games media outlet launched in 2024, Aftermath reports. 🟥 A GTA VI preview is on the way, at last, via an “extended look” that will premiere, unusually, on Netflix at 3pm ET on August 27, then officially go live elsewhere six hours later. Last week, Game File noted that Take Two label Rockstar Games is overdue for showing off GTA VI, based on the timing of the initial hands-off previews of GTA V and Red Dead Redemption 2. During a call with investors, Take Two CEO Strauss Zelnick said pre-orders for GTA VI were “unprecedented and astonishing,” but added the company can’t predict how many of those pre-orders represent bonus sales vs. sales that otherwise would have been made at launch. During the same call, Zelnick was noticeably bullish on the future of playing games over streaming cloud connections (predicting wider adoption in three or so years). He sounded unbothered by Sony’s plans to stop making discs for new games (he said the business is 90% digital already and predicted that there could still be limited edition physical editions of games “in the same way there’s still vinyl in the recorded music business.”) 👀 Take Two wrote off $43 million in their spring quarter after deciding “not to proceed with further development of an unannounced title in its pipeline from a third-party developer.” 🤔 Some rare age-demographics from a big publisher: Capcom recently told investors that “users in their 20s account for approximately half of the users of both Pragamata and Resident Evil Requiem.” Item 3: The week ahead Tuesday, August 11 Game releases: The Elder Scrolls IV: Oblivion Remastered (Switch 2; already out for PC, PS5, Xbox) continues the Bethesda strategy of putting Elder Scrolls games on everything; Royalty Free-For-All is a Smash Bros.-style fighting game featuring public domain characters such as Mother Goose brawling with Oliver Twist in a stage based on the original Little Shop of Horrors movie. Wednesday, August 12 Game release: Pro Jank Footy (PC, console) is an arcade-style Australian Rules Football game with increasingly ridiculous rules, the more you play (I enjoyed the Steam demo) Thursday, August 13 Game release: Super Mario Sunshine (Switch 2, originally released in 2002 on the GameCube) is released for Switch 2’s Nintendo Switch Online service. This game is the black sheep of 3D Mario games. It’s the successor to the breakthrough Super Mario 64 and the rare Mario game built around a single (vacation resort) theme. Mario’s got a water-spraying backpack, a Yoshi pal and a lot of blue coins to collect.
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.
Sanders Calls on A.I. Companies to Pause Development to ‘Avoid Disaster’
Senator Bernie Sanders warned that corporations have already lost control of technology that could cause “potentially cataclysmic results” for millions of people.
Starz Entertainment's Stock Is Powerful, But It Still Rates As A Hold
Starz Entertainment Corp. stock outlook: technical momentum vs. leverage and cash flow risks. Click for this STRZ update.
Encompass Health announces launch of private offering of 5.875% senior notes due 2034
/PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it has commenced a private offering of an additional $100 million in aggregate principal...
Alum, state business development leader named corporate relations officer
Kelsey Staggers, a Fairmont native and two-time WVU graduate, will join the University as the director of corporate relations and strategic engagement on Aug. 17.
Science Applications adds David Benson and David Cush to board
Science Applications appointed David Benson and David Cush to its Board of Directors, effective August 20, 2026, expanding the board from ten to twelve members.Original SEC Filing: Science Applications International Corp [ SAIC ] - 8-K - Aug. 10, 2026This is an AI-powered summary. It may contain in…
Twice’s Jeongyeon leaves JYP after 11 years, joins Varo Entertainment
Jeongyeon of Twice on Monday announced her departure from JYP Entertainment after 11 years, but will continue her activities with the group. In a handwritten no
First Trust Advisors LP Takes $1.41 Million Position in Six Flags Entertainment Corporation $FUN
First Trust Advisors LP bought a new stake in Six Flags Entertainment Corporation (NYSE:FUN - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 79,538 shares of the company's stock, valued at approximately $1,412,000. Fi
PATLABOR the Case Files launches September 17
PATLABOR the Case Files will launch for PlayStation 5 and PC via Steam on September 17, publisher Good Smile Company and developer Chime Corporation announced. It will support English, Japanese, Ko…
Korea’s market volatility becomes TV entertainment
Amid the highs and lows of South Korea’s stock market, a new television trend is taking shape — entertainment programs built around the emotional rollercoaster
Starz Entertainment Corp. Stock 12‑Month Price Target Raised to $33.33, Implies 27% Upside
Explore more price target data and ratings for Starz Entertainment Corp. on the Forecasts tab, and track all previous and future analyst recommendations for Starz Entertainment Corp. in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc…
Talk Business & Politics: Arkansas Electric Cooperative Corp. CEO Buddy Hastings, Arkansas Rep. French Hill
Power moves are going on across Arkansas, and across the country.
Group urges Democrats to woo moderate voters with populist policies
A progressive group says messages that target the wealthy and large corporations appeal to a majority of Americans who see the economy as fundamentally rigged.
Madison Square Garden Entertainment Corp. $MSGE Shares Purchased by Sei Investments Co.
Sei Investments Co. boosted its position in shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE - Free Report) by 83.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,582 shares of the company's stock after a
Seaport Entertainment Gr Q2 Earnings Call Highlights
Seaport Entertainment Gr (NYSE:SEG) reported its first quarter of positive operating EBITDA and positive non-GAAP adjusted net income in the second quarter of 2026, as the company benefited from improved operations, lower corporate costs, the closure of the Tin Building and payments associated with
Food Tank’s Weekly News Roundup: U.S. Restores Health Aid, Companies Block Action on UPFs, New Tool Boosts Water Security
This week, the U.S. restores some health aid, corporations slow action on public health, and a tool boosts water security for women farmers.
Assenagon Asset Management S.A. Sells 347,256 Shares of Madison Square Garden Entertainment Corp. $MSGE
Assenagon Asset Management S.A. lowered its holdings in Madison Square Garden Entertainment Corp. (NYSE:MSGE - Free Report) by 28.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 863,462 shares of the company's stock aft
The 5 daughters of Africa’s richest men: Inside the corporate power and business of the Dangote and Rupert heiresses
Across Africa’s most influential billionaire dynasties, a new generation of women is stepping into major business roles
Community Ambulance sues Dignity Health over alleged corporate cover-up
Community Ambulance has filed a federal lawsuit against Dignity Health, alleging the hospital system concealed a corporate change of control to prevent the ambulance operator from exercising a contractual buyout option.
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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Global business travel spending to hit record $1.71T in 2026: GBTA
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Insmed Reports Second-Quarter 2026 Financial Results and Provides Business Update
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Pa. House Democrats introduce measure to bar corporations from political contributions
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