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Business group expands to address human trafficking in Iowa
A milestone was reached and expansion plans have begun for a state program designed to help Iowa businesses identify and respond to human trafficking.
Long Beach awards $54M in small business contracts
The biggest U.S. container port leveraged a program to award $54.4 million in materials and services contracts to small businesses. The post Long Beach awards $54M in small business contracts appeared...
Oh boy, Xbox's chief strategist is floating the idea of in-game ads — but says "The question is not 'Can we cram ads in everything?'"
Microsoft's Xbox CSO Matthew Ball thinks in-game ads could help "keep our products affordable."
Spurs join a growing list of notable collapses in sports history
The San Antonio Spurs have plenty of company in being on the losing end of a dramatic comeback. Matt Ryan and the Falcons losing a 28-3 lead against New England in the Super Bowl.
Small business owners receive early look at $14M recovery grant program across Asheville
Small business owners recovering from the impacts of Helene are getting an early look at the application process for a grant program set to provide more than $1
Farm stress program warns funding gaps can disrupt mental health services for farmers
An extension educator says consistent funding would provide better mental health resources for farmers. Remington Rice with Michigan State University Extension’s Managing Farm Stress Program recently testified during a Michigan House subcommittee hearing about increasing demand for the program. “If we want a strong agricultural system, we have to support the people who make that system work,” […]
CMS approves budget for GO-NORTH, the state’s federally funded rural health program
The Centers for Medicare and Medicaid Services approved New Hampshire’s spending plan for a large tranche of federal money that will go toward rural health initiatives, state officials announced Thursday.
New Xbox Exec Advocates For Something Everyone Hates To Help Save Gaming
Matthew Ball says the idea is not to "cram ads in everything," but to find a way to put ads in games in a more acceptable manner.
SAMHSA Announces $40 Million in Funding Opportunities to Prevent Addiction, and Address Child Trauma, Suicide, Mental Illness
SAMHSA, an HHS division, announced $40M for eight grant programs supporting President Trump’s Great American Recovery Initiative.
Netflix's New #2 Series Is a Crime Drama with a 100% Rotten Tomatoes Score
A new British true-crime drama is climbing Netflix’s Top 10 and earning strong reactions for its intense, emotional retelling of a devastating real-life case. Get all the details here.
Cultivating future scientists through plants and partnerships
Students from Buffalo's McKinley High School — home to one of the few high-school horticulture programs in New York state — visited Cornell May 19 to view the work of the Center for Research on Programmable Plant Systems (CROPPS).
Waymo sharpens stand-alone business with a $30 monthly subscription
Waymo is launching a subscription program that gives members priority pickup and other perks that are exclusive to its proprietary app.
Why Sports Illustrated Believes Chargers Have Top Offensive Triplets Ahead of 2026 Season
Sports Illustrated’s Matt Verderame recently ranked the trio of Justin Herbert, Omarion Hampton and Ladd McConkey among the best in the NFL
“Lioness” returns with explosive season 3 trailer: 'I'm scared for you'
The Taylor Sheridan series, starring Zoe Saldaña and Nicole Kidman, is back Aug. 2 on Paramount+.
Cooling centers open in Philadelphia as city declares Heat Health Emergency
Why better AI doesn't always mean better outcomes
Users who adapt their prompting strategies can capture dramatically more value when generative AI tools improve, especially on tasks that require precision and control.
Pac-12: How Fresno State’s soon-to-be conference foes outspend on sports programs
Fresno State will join a rebuilding Pac-12 on July 1, with operations budgets that lag behind its conference peers in most sports.
Fury over Jared Kushner’s Albania project reaches doors of political elite
Protesters want the entire political establishment to step aside, including PM Rama, who insists the development will create jobs.
DiMe leads coalition to focus on virtual care price transparency
The Digital Medicine Society and healthcare industry partners will co-develop a standardized operational framework that ensures virtual care providers are discoverable and reimbursable within 90 days of their contracts.
AI-Generated Microdramas Are Real — and Thriving Under Our Noses
Vertical-first platforms are proving that human-assisted AI production is a commercially viable engine for mobile entertainment
AI-Generated Microdramas Are Real — and Thriving Under Our Noses
Vertical-first platforms are proving that human-assisted AI production is a commercially viable engine for mobile entertainment
Elon earns national recognition for preparing future elementary teachers in the science of reading
The Bachelor of Arts in Elementary Education program at Elon University has earned an A+ from the National Council on Teacher Quality (NCTQ) for how well they prepare future teachers to teach...
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
Tennessee health department warns parents their children will be reported to immigration officials
Pediatricians warned of dire consequences for kids with critical illnesses who rely on a specialized Tennessee public health care program.
You are witnessing an independent movement in Idaho politics
Because primary elections often nominate candidates who are either too extreme or unlikely to win, many voters are looking for a better option, writes Rod Gramer.
AI is sparking a jobs boom
As Corporate America scrambles to fill artificial intelligence jobs, junior workers are getting left behind.
Opinion: Risk Aversion in Science Stifles Innovation
The scientific enterprise must be willing to reflect on and dramatically overhaul its processes if they do not work.
Is It Time To Reassess Live Nation Entertainment (LYV) After Recent Regulatory Scrutiny?
Wondering whether Live Nation Entertainment at around US$167.50 is priced for perfection or still offers room for value is a fair question for any investor looking at the stock today. Recent returns, including 2.0% over the past week, 2.8% over the past month, 15.3% year to date and 16.7% over the last year, along with a 92.4% three year return and 92.0% five year return, show how much sentiment on the stock has shifted over different time frames. Recent news coverage has focused on Live...
Leon County ends minority- and women-owned business program
Leon County commissioners voted to end a program for minority and women-owned businesses due to a new state law.
A $25 million lifeline in Philly for unhoused drug users with major health challenges
After years bouncing between emergency rooms and the street, patients get wraparound services through Project HOME’s recovery collaborative.
Penn study finds GLP-1 use associated with lower breast cancer risk; researchers to launch clinical trial
Women in the study who were obese and taking GLP-1 weight loss medications were 30% less likely to develop breast cancer than other women.
Manheim Twp. man creates \'bartender\'s handshake\' coin for World Cup
There's a secret handshake among bartenders with high-end drink programs, and it involves an exclusive, rare coin.
Founders celebrate 10 years of inspiration at the Homewood Science Center
Homewood Science Center hosted a Founders Day program on May 28, marking 10 years of providing STEM education to the community.
Sacramento businesses prepare for World Cup excitement
Sacramento soccer fans will have no shortage of places to celebrate the World Cup, as local businesses and nonprofits team up to host watch parties, free clinics and community activities tied to the tournament.
What Sean McVay looks for when Rams’ schedule is released
Sean McVay shared what he looks for first when his team’s schedule is revealed
'I'm worried': NKY businesses seek answers as ramp closures begin for Brent Spence project
Bulletin Board: Greenfield Garden Cinema outlasts Pipione’s Sports Shop in GGSL action
Greenfield Garden Cinema jumped ahead in the second inning in a 25-16 win over Pipione’s Sports Shop in GGSL action at Murphy Park on Wednesday Night. Greenfield Garden Cinema did not allow a run in the second, pulling ahead 10-5 after the second frame of Ponytail play. Makenna Ward was the winning pitcher in the […]
Blackblaze's legacy computer business is durable, but it's not growing, says Jim Cramer
'Mad Money' host Jim Cramer looks at cloud storage platform Blackblaze.
WHO urges targeted action to strengthen emergency workforce capacities for shared health risks across the Asia-Pacific region
At a time when the world is more interconnected than ever, the World Health Organization (WHO) is disseminating a comprehensive regional analysis of shared health risks across Asia and the Pacific, urging Member States to invest in enhancing workforce capacities regionwide to mitigate these risks and ensure health systems are better prepared to anticipate, tackle and withstand a range of crises and shocks. Over 100 delegates from 49 countries and areas in the Asia-Pacific region reviewed results from the regional risk analysis during the WHO-led Asia Pacific Health Security Action Framework (APHSAF) Stakeholders Meeting in Malaysia. Synthesizing insights from 21 strategic risk assessments and more than 800 multisectoral experts, the regional analysis highlighted an urgent imperative: countries must proactively invest in emergency workforce preparedness to navigate a landscape where climate hazards, disease outbreaks and geophysical events increasingly overlap. These complex converging crises create devastating, compounding impacts on health systems and communities – reiterating the need for investing in a fit-for-purpose regional health workforce and multisectoral action.Key findings: an evolving risk landscape More than half of the participating countries ranked flooding, cyclones, dengue and pandemic-potential respiratory pathogens as being of high or very high risk, while antimicrobial resistance, landslides and gastroenteritis remain widespread concerns as well. “Given that 51% – over half – of these assessed hazards are deeply interconnected, isolated health interventions are no longer sufficient,” said Dr Saia Ma’u Piukala, WHO Regional Director for the Western Pacific. “Extreme weather events like cyclones and floods directly trigger subsequent disease outbreaks, while environmental degradation – driven by sea-level rise, coastal erosion and saltwater intrusion – fuels health risks across the Pacific. Mitigating these cascading risks requires unified, cross-sectoral action linking environmental, agricultural and public health policies to build true regional resilience.” Priority recommendations for action To address critical vulnerabilities, WHO calls on Member States in the Asia-Pacific region to urgently prioritize the following strategic actions: Bridge workforce capacity gaps. Embed and standardize emergency preparedness within academia to promote regional workforce interoperability. Foster multisectoral coordination. Address ad-hoc taskforce responses and fragmented surge support through formalized contingency plans and standard operating procedures that are frequently updated and tested. Secure sustainable financing for emergencies. Overcome systemic barriers to access dedicated funding for both immediate anticipatory actions and long-term emergency preparedness initiatives. Enable emergency-ready primary health care. Embed emergency management into public health workforce readiness planning. Ensure that emergency planning is inclusive. Establish clear pathways for inclusive emergency planning that actively involves communities most at risk and other vulnerable groups. Optimize communication. Update risk communication and community engagement strategies, aligning them with seasonal risk calendars. Elevating workforce readiness to meet regional health risks While the gaps identified are significant, the Asia-Pacific region possesses solid foundational pillars, including dedicated clinicians, laboratory staff, rapid response teams, emergency medical teams and extensive community networks. However, to adequately address the compounding nature of modern crises, the various components of the emergency workforce must collaborate cohesively. True resilience depends entirely on transforming this currently fragmented workforce into a highly trained, interconnected and rapidly deployable asset. To achieve this, WHO is actively advancing regional workforce capacities through the Global Health Emergency Corps initiative. This initiative – supported by the Gates Foundation and the Institute of Philanthropy – seeks to build a seamless network of emergency workforce across borders and sectors, ensuring that when a crisis strikes, a standardized, well-coordinated and trained workforce is immediately ready to respond. “Scaling up emergency workforce readiness is no longer optional,” said Dr Gina Samaan, Regional Emergency Director for WHO in the Western Pacific. “It is the definitive factor that will determine how effectively the Asia-Pacific region safeguards health and protects lives in an increasingly unpredictable future.” ____________________For more information, or to arrange media interviews, contact: Ara Johannes, WHO Western Pacific Health Emergencies Division: johannesa@who.int WHO Western Pacific Communications: wprocom@who.int
Eugene braces for 90-degree heat as Lane County health officials urge residents to prepare
With temperatures in Eugene expected to spike into the 90s Sunday and Monday, health officials and HVAC experts are urging residents to prepare now to stay safe
Framework delays its first Laptop 13 Pro shipments by a month
Early shipments are slipping to July and August.
'A great opportunity': $10 million is transforming how Triad EMS agencies approach healthcare
The 'NC Rural Health Transformation Program' aims to expand access to mental health and substance use disorder treatment services for communities across NC.
GCSU hosts Summer Science Program as top high schoolers research asteroids
This June, Georgia College & State University (GCSU) is hosting the prestigious Summer Science Program (SSP), where top high school researchers will track aster
Big box office demand prompts AMC to postpone its interactive concerts
AMC is rescheduling its interactive concert experience for later this year. After a very lucrative start to the summer box office, the movie theater chain said it needed to refocus its June programming.
ENTERTAINMENT: Flag Day concert, ‘Anastasia’ musical on weekend ‘set list’
The Little Rock Winds’ 29th annual Flag Day concert, 7 p.m. Sunday on the old parade ground behind the MacArthur Museum of Arkansas Military History in MacArthur Park continues the band’s America250 celebration with a program of marches, patriotic songs, and pop tunes.
ENTERTAINMENT: Flag Day concert, ‘Anastasia’ musical on weekend ‘set list’
The Little Rock Winds’ 29th annual Flag Day concert, 7 p.m. Sunday on the old parade ground behind the MacArthur Museum of Arkansas Military History in MacArthur Park continues the band’s America250 celebration with a program of marches, patriotic songs, and pop tunes.
Winston Marshall: UK politicians ‘won’t do anything’ to stop violence
WARNING: Graphic content — Grammy-winning musician Winston Marshall discusses a Sudanese migrant accused in the stabbing of a Belfast man in Northern Ireland on ‘The Will Cain Show.’
Low-cost laptops with smartphone RAM in metal chassis: Intel reveals details of Project Firefly
The DRAM crisis is making entry-level laptops more and more expensive – or forcing manufacturers to use very old components. Intel Wildcat Lake and Project Firefly are set to change this and provide serious competition for the Apple MacBook Neo. Intel now reveals more details about Project Firefly.
Up, Up, and Away With Weather Balloons
A dozen students participating in NASA’s 2026 Student Airborne Research Program collected data about the atmosphere, using a weather balloon that measures ozone concentrations as it rises.
The Health and Wellbeing of Formerly Incarcerated People in Connecticut: Insights from the DataHaven Community Wellbeing Survey
By Carter Shannon, Nat Markey, Nora Hodgson, Samantha Lydell, Andrew Carr, and Mark Abraham, DataHaven About this Report Approximately 1 in 5 men aged 18–64 in Connecticut have experienced incarceration at some point in their lives. This population includes people who have been held in a local jail for a single night and those who have served lengthy prison sentences, and it cuts across race, age, geography, and socioeconomic background in ways that reflect broader structural inequities in the criminal legal system. Yet across nearly every indicator of wellbeing, formerly incarcerated people in Connecticut face significant disparities compared to those without an incarceration history. This report explores data on the experiences of formerly incarcerated men in Connecticut from the DataHaven Community Wellbeing Survey (DCWS). The DCWS illuminates significant gaps in economic wellbeing, physical health, mental health, and social support between men with and without incarceration histories in Connecticut. The survey also reveals worse self-reported outcomes for formerly incarcerated people across a range of quality-of-life indicators, with disparities that are often most severe among those who have been incarcerated more than once. These disparities do not arise by chance. They are shaped by a policy landscape that erects lasting barriers to housing, employment, and healthcare for people leaving incarceration, as well as by the physical and psychological toll of incarceration itself. This report is being written in the political context of federal funding cuts to social programs and proposed rollbacks to Medicaid eligibility, changes that will disproportionately impact people with incarceration histories, who are more likely to rely on public health coverage and other safety net supports.
Framework Laptop 13 Pro To Begin Shipping In July
Framework Computer began informing those that pre-ordered the new Framework Laptop 13 Pro that it will begin shipping in July rather than their original June target
PAD patients minimize risk when they listen to their doctors
Patients who exercise and take all prescribed medications, for instance, experience better outcomes than those who do not.
Back to Business Program expands with increase to grant amounts
We designed the Back to Business Program to help small business owners recover from unexpected costs to repair and prevent vandalism and property damage. To meet the needs of businesses, we expanded the program to increase the grant amounts business owners can receive. Applications are open through December 2026, or until funds run out. Changes to […]
You Can Personalize Your Instagram Algorithm Now — Unless You Want To See More Posts From Accounts You Follow
Instagram has expanded its algorithm personalization features to its main feed.
FSU awards inaugural Clinical Catalyst grants to advance bold healthcare innovation
Florida State University, through FSU Health, has awarded $250,000 to the five inaugural recipients of its Clinical Catalyst Grant Program, an initiative
You can just tell the Instagram algorithm what you want now
You’ll be able to change topics that Instagram shows you.
Valve kills its retail gift card program due to scammers
Move also cuts off a massive market of legit users who buy cards with physical cash.
Ubisoft Ramping Staff Off Rainbow Six Siege, Other Projects
In addition to layoffs, Ubisoft is ramping off developers from Rainbow Six Siege and other projects at the company.
As men quietly endure mental health crises, an expert urges reframing help-seeking as strength
Kentucky leaders in Des Moines this week for intercity visit
A delegation of more than 150 business, education, government and nonprofit leaders from Commerce Lexington in Lexington, Kentucky, are in Des Moines today through Friday for its annual Leadership Visit, a long-running intercity program aimed at fostering regional development ideas. The agenda includes sessions on regional collaboration, talent development, agricultural innovation, executive leadership continuity and…
General Motors follows Ford's lead into the battery business
Yahoo Finance Senior Autos Reporter Pras Subramanian joins Julie Hyman on Market Catalysts to discuss General Motors' (GM) partnership with Peak Energy, placing a big bet on sodium-ion batteries. This comes one month after Ford (F) launched Ford Energy to develop energy storage batteries.
Radial Entertainment Hires Brendon Thomas as Chief Revenue Officer
Radial Entertainment has hired former Paramount Global exec Brendon Thomas as its new chief revenue officer.
Radial Entertainment Hires Former Paramount Global Exec Brendon Thomas as Chief Revenue Officer
Former Paramount Global exec Brendon Thomas has joined Radial Entertainment as the company’s new chief revenue officer. At Radial he’ll handle revenue generation through the company’s library and acqu...
The Franklin Institute and GSK Celebrate 40 Years of GSK Science in the Summer™ with New "Be A Chemist!" Theme and Program Expansion
/PRNewswire/ -- GSK Science in the Summer™, a free hands-on STEM enrichment program led by The Franklin Institute and supported by GSK, celebrates its 40th...
Sarcone Leads Revival of NDNY Health Care Fraud Task Force
The task force will focus on identifying emerging fraud trends, coordinating investigations among partner agencies, sharing intelligence, and pursuing both criminal and civil enforcement actions against individuals and organizations engaged in fraudulent conduct involving federal and state health care programs.
Biochemistry Student to Participate in National Science Foundation Undergraduate Research Program
Elmhurst University biochemistry major Hannah Cardenas ’27, of Des Plaines, Illinois, received a National Science Foundation Research Experiences for Undergraduates (NSF REU) award to participate in a 10-week summer research internship at the University of Texas at Dallas.
Jim Irons, Former Landsat Project Scientist, Wins Pecora Award
Landsat’s Jim Irons won the prestigious William T. Pecora Award. Irons, now an emeritus scientist at NASA Goddard Space Flight Center, played an integral role in shaping the Landsat program into what it is today.
Rural Interprofessional Longitudinal Scholars serve rural communities
Carolina, UNC Pembroke and UNC Wilmington collaborate on this program to address the state’s health workforce shortage.
Rams are clear Super Bowl favorites after busy offseason. Recent history says that means very little
Sydney Sweeney reacts to 'Euphoria' 'cast drama' rumors after final season
Sydney Sweeney responded to 'cast drama' rumors after 'Euphoria' ended with a heavily maligned final season, and spoke about 'clickbait' that's written about her.
The Londoner Pub expanding to Arlington, near entertainment district
The Tate family moved to North Texas from England and opened their first pub in Dallas in the early 1990s on Greenville Avenue. They now own The Londoner, which has locations in Addison, Colleyville, and Dallas, showing European soccer. Their newest pub is opening on Collins Street in Arlington, Saturday, June 13. The Dallas location opened in 2022, just days…
Business Restructuring Review Vol. 25 No. 3 May-June 2026
In This Issue Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief In In re Siu-Fung Ceramics Holdings Limited, No. 24-33299, 2026 WL 382424 (Bankr. S.D. Tex. Feb. 10, 2026), the court denied petitions for chapter 15 recognition of Hong Kong bankruptcy and liquidation proceedings commenced on behalf of an individual debtor and a group of companies that he owned or controlled. According to the court: (i) the corporate debtors' Hong Kong liquidation proceeding was not eligible for chapter 15 recognition because the attorney retainer upon which such relief was based was not funded until nine months after the chapter 15 petition date; and (ii) the individual debtor's Hong Kong bankruptcy case could not be recognized because the debtor's "center of main interests" on the chapter 15 petition date was not in Hong Kong, and he did not even maintain an "establishment" there. [read more …] Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions In In re Container Store Group, Inc., 676 B.R. 356 (S.D. Tex. 2026), appeal filed, No. 26-20166 (5th Cir. Apr. 14, 2026), cross appeal filed, No. 26-20166 (5th Cir. Apr. 24, 2026), the U.S. District Court for the Southern District of Texas addressed consensual third-party releases and gatekeeping provisions in the aftermath of the U.S. Supreme Court's ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024). Consistent with existing Fifth Circuit precedent, the court confirmed that, in appropriate circumstances, consent for third-party releases may be obtained through a creditor's failure to opt out of granting that consent. But, the court ruled, consent through an opt-out mechanism essentially can never be inferred for creditor classes that stand to receive no recovery under a chapter 11 plan and that are deemed to reject the plan by operation of applicable bankruptcy law. Instead, those classes must affirmatively opt in to any release. The court also narrowed and remanded the bankruptcy court's acceptance of a broad gatekeeping provision, ruling that such provisions must correspond to the restrictions established by Fifth Circuit precedent. [read more …] Delaware Bankruptcy Court: Initial Transferee Need Not Be Defendant in Fraudulent Transfer Avoidance and Recovery Litigation The Bankruptcy Code gives a bankruptcy trustee the power to avoid asset transfers that are either made with the intent to defraud creditors or that are "constructively" fraudulent because an insolvent debtor did not receive adequate value in exchange. The Bankruptcy Code also permits recovery of an avoided transfer from not only the initial recipient, but also from subsequent transferees. Courts disagree over whether a transfer must actually be avoided before the trustee can seek recovery from a subsequent transferee and whether the initial transferee must also be a defendant in the recovery litigation against a subsequent transferee. The U.S. Bankruptcy Court for the District of Delaware weighed in on this debate in Phillips v. SS Associates LLC (In re ONH AFC CS Investors, LLC), No. 23-10931 (CTG), 2026 WL 312892 (Bankr. D. Del. Feb. 4, 2026). The court adopted the majority view, ruling that the initial transferee need not be a defendant in avoidance and recovery litigation against a subsequent transferee, but that the trustee must establish the elements necessary to avoid the initial transfer as part of the recovery litigation. [read more …] New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions In order to assume and assign an executory contract or unexpired lease, a bankruptcy trustee must cure most defaults under the agreement and provide "adequate assurance" of the assignee's future performance. However, the Bankruptcy Code provides no guidance as to the meaning of "adequate assurance" other than with respect to shopping center leases. In In re Broadway Realty I Co. LLC, No. 25-11050, 2026 WL 147505 (Bankr. S.D.N.Y. Jan. 19, 2026), the U.S. Bankruptcy Court for the Southern District of New York examined this issue in connection with a proposed assignment of thousands of residential leases as part of a free-and-clear sale of debtors' properties. The court held that "adequate assurance" does not mean a guarantee of the assignee's future performance, but merely demonstration that the assignee has the ability to satisfy the underlying obligations. The bankruptcy court also ruled that an exculpation provision in the debtors' chapter 11 plan exonerating non-estate fiduciaries from liability for actions taken in connection with the chapter 11 case was unobjectionable, provided it was limited in scope to postpetition conduct and actions taken in connection with implementation of the plan after its effective date. [read more …] Newsworthy 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) were included in the 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers. The Daily Business Review selected Isel M. Perez (Miami) as an "On the Rise" winner for the Florida Legal Awards. The Florida Legal Awards annually recognize those who have made significant contributions to the legal industry in Florida. Dan T. Moss (Washington/New York) was inducted as a Fellow in the 37th Class of the American College of Bankruptcy at its Annual Meeting in March 2026 in San Antonio, Texas. Christine Borries (Munich) was ranked in the practice area Restructuring/Insolvency in the 2026 edition of Chambers Germany. The 2027 edition of The Best Lawyers in Singapore™ recognized Sushma Jobanputra (Singapore) in the practice area Insolvency & Reorganization. The restructuring transaction involving Eissmann Automotive North America, Inc. received the "2025 Turnaround of the Year (Large Company)" at the Turnaround Management Association (Detroit) Annual Awards Reception. T. Daniel Reynolds (Cleveland) and Nick Buchta (Cleveland) represented subsidiaries of Eissmann Group Automotive in connection with the parent company's German insolvency proceedings. Roger Dobson (Sydney) is among 40 Jones Day lawyers recognized by The Best Lawyers in Australia 2027 for his contributions in Banking and Finance Law; Distressed Investing & Debt Trading; Insolvency and Reorganization Law; Litigation. An article written by Corinne Ball (New York) titled "Ard Finance—A Global Enterprise Combining an LME With a Foreign Insolvency Proceeding and Chapter 15" was published in the April 21, 2026, edition of the New York Law Journal. An article written by Alex Sapp (New York) titled "Recent Developments in Section 510—Subordination" was published in the 2025 edition of the Norton Annual Survey on Bankruptcy Law. An article written by Brad B. Erens (Chicago) titled "New York Bankruptcy Court Approves Insider DIP Litigation Financing" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Corinne Ball (New York), Dan T. Moss (Washington/New York), David S. Torborg (Washington), and Isel M. Perez (Miami) titled "New York District Court Affirms Narrow Scope of 'Public Policy Exception' in Chapter 15 Cases" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Jeffrey B. Ellman (Atlanta) titled "Statutory Cap on Lease Rejection Damage Claims in Bankruptcy Applies to Solvent Debtors" was published on April 6, 2026, by 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 April 6, 2026, by Lexis Practical Guidance. Lawyer Spotlight: Ben Rosenblum Ben Rosenblum, a partner in the New York Office, represents debtors, creditors, and other parties in out-of-court restructurings and court-supervised proceedings, including chapter 11 cases, municipal bankruptcies, international insolvency matters, and stockbroker liquidations. His experience spans industries such as manufacturing, shipping, mining, aviation, energy, real estate, and telecommunications. Ben's notable debtor representations include Peabody Energy, the City of Detroit, Chrysler LLC, Spansion Japan, and Dana Corporation. Significant creditor representations include General Maritime Corporation, Calpine Corporation, American Home Mortgage, and Murray Energy. He currently represents creditors in Puerto Rico's restructuring. He also has extensive experience advising financial institutions on bankruptcy law as applied to derivatives.
Young Scholars Invent introduces Houston students to digital health innovation at Rice
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The drug that saved your mother. The treatment your doctor recommended. The clinical trial that bought someone you love more time. None of it was inevitable. It required a system built to operate outside politics and sustained over decades, because science doesn’t operate on the timeline of a politician. That system is now under direct threat. The Office of Management and Budget (OMB) has proposed a new rule to regulate all federal grants, not just science, but housing, education, defense, NASA and everything in between, that would fundamentally change how research is conducted in the United States. There have been a lot of fires in the past 16 months, and if everything is an emergency, nothing is an emergency. But this is a very big deal. These rules would strip away the independence that has kept science from becoming a political tool. The good news is there’s still something we can all do. How the grant system was designed to work When I was a new faculty member, I was full of millions of ideas, so I sat down and wrote an NIH proposal. I worked on it for months and thought it was so good. Then I sent it to my mentor. It came back covered in comments. Places where my reasoning wasn’t as airtight as I’d thought, methods that could be stronger, gaps in my thinking that I had been too close to the work to see. It stung, as honest feedback always does, but peer review almost always makes the work better. In fact, it’s the backbone of how American science has functioned for generations. At NIH, submitted proposals go to a panel of scientists who have experience in the field. These are the people who can read research methods and spot their weaknesses, who understand when an experiment is designed well and when it isn’t. Applications are scored rigorously, and often only the top 3-20% of proposals receive funding. The people making funding decisions are required to justify them based on these reviews. To be clear: this is not a perfect system, and good science still goes unfunded more often than any of us would like due to limited resources. There is also criticism that peer review may undervalue bold ideas that are risky but could have high payoffs. But the peer review system is nonetheless a meaningful part of the grant selection process. While thoughtful and careful changes could improve the system, the changes being proposed by OMB will not make things better. The rule that could change everything Through this OMB proposal, the system that helps decide what gets funded is being dismantled. There are many troubling elements buried in this proposal, but three provisions stand out in particular. Each would be damaging alone. Together, they would change what kind of science gets done in America, and who it serves. 1. Political appointees would decide which science gets funded, and peer review would be explicitly sidelined or ignored. The guidelines your doctor follows, the standards that determine what’s in your air and water, the drugs that get approved for your family: all of it starts with a funding decision. Right now, that decision is made by scientists who can evaluate whether the work is actually sound and whether it could move the needle forward. Under this proposal, funding decisions could be made by political appointees. The careful, expertise-driven review process that shapes grant funding would be effectively sidelined. That means that a poorly designed study could get funded simply because someone in a political office liked the sound of it, while rigorous, important work doesn’t get funded because it no longer aligns with the administration’s priorities. In other words, critical work that benefits all of us could now be missed just because it has become politically inconvenient. 2. Grants could be canceled at any point, without warning, in the middle of ongoing work. Say your tax dollars have been paying for a cancer study for two years. The grant was awarded for five years, so the team is mid-experiment. There are three additional years’ worth of answers that could change how the disease is treated for hundreds of thousands of people. With this new rule, the federal government could cancel the remaining funding tomorrow, walk away from the commitment it made with your money, and have no legal obligation to finish what it started. This is a huge waste of money. There are rarely other sources of funding for this work, which means the team, the graduate students, postdocs, and research staff who have dedicated years of their careers to this project could lose their jobs. Patients who have contributed their time to studies may not see it turn into useful learnings for others. Every hour of work already completed could result in nothing useful. Science can take decades to get to tangible outcomes. It needs a stable funding system to flourish. 3. Researchers would have a harder time communicating their findings without pre-approval from the federal government. There is a saying from Sir Mark Walport: “Science isn’t finished until it’s communicated.” Science is no use to anyone if it is kept locked away in the labs that produced the data. The proposed rule could make communicating research findings harder in a number of ways: Make it harder for scientists to widely share their findings in scientific journals. Publication costs, including journal fees that allow for broad public access, could not be paid for by federal funds which is often how scientists pay these costs. Restrict researchers from engaging publicly about how their findings should inform policy or public health guidelines. This would restrict scientists from doing the work that transforms years of lab work into decisions that actually affect people’s lives. Make it harder for scientists to attend conferences. Conferences would now need to be approved by the federal agency at the time of grant award. This disadvantages conferences or publications that are not politically aligned. Conferences are a key way in which scientists learn about work happening in their field so they can collaborate and build on each other’s findings. What good is science with a muzzle? The long-term impact These changes could (and hopefully would) be reversed under the next administration. But by then, damage has been done. Once projects are halted or denied funding by political appointees, people leave their science careers for other paths or even leave the country to do their amazing science elsewhere. You cannot pause a scientific study the way you pause a subscription you decided isn’t useful anymore. You cannot freeze a research team that depends on salaries to feed their families, causing a scramble for replacement funding that, in most cases, simply does not exist. When the money stops, everything stops, and all the work in progress and its potential are lost. Despite all of the language about reducing waste, fraud, and abuse, this new proposed rule increases the administrative burden tremendously. Every researcher watching this unfold will make a rational decision: don’t start anything that will take a decade to finish. This includes not building a team around funding that could vanish, or asking the big questions that need patience and stability to answer. The most consequential science, the kind that produces the treatments and the breakthroughs that reach your doctor’s office twenty years from now, is exactly the science that would be abandoned first. This is still a proposal, so we can all do something Some worry this rule is already a done deal. But by law, OMB is required to open a public comment period. Those comments matter because they inform members of Congress, they can be used in litigation, and they create a public record. So here’s what you can do: Submit a public comment. The public comment period on this proposed change is open until July 13. Anyone can submit a comment, and OMB is required to respond to substantial ones. Each comment must be different to count as distinct; identical comments will be counted only once. Comment as an individual, not on behalf of your organization. Here’s a full resource to help you, with useful examples, but in general: Share a story about how science or federal funding has benefitted you or is involved in your work. Are you or someone you loved a cancer survivor? Do you know someone with Alzheimer’s? Have you received NIH/NSF or other federal funding? All of these can be stories you use to highlight why you care. Explain why you’re worried about these proposed changes. You can use the wording found here or in other resources to help you. Ask them to withdraw this proposed rule. Contact your elected representatives. Congress allocates money to federal agencies to spend, and it has oversight of how that process works. You can let your representatives know this proposed change concerns you and ask them to intervene. There are levers they can push that can help at this moment. Let others know why federal funding matters. This isn’t just about science, but ALL federal grants, including for education systems, defense projects, and more. The process, including the importance of federal funding, is invisible to many. We can all make it more visible by sharing how science benefits us and why we value it. You can also share this article, or any of the resources linked here, to help spread awareness! Bottom line We are quickly losing ground in scientific research in the U.S. More changes, like the proposed rule by OMB, would decimate our ability to conduct research here, leaving us all worse off: fewer treatments for pancreatic cancer, less research on pollution impacts, fewer answers for patients with rare disease, and more unaddressed health needs. The impact will be very real for all of us, regardless of where we stand politically. Using our voices for science is more important than ever. Love, LM Big thanks to Dr. Megan Ranney for reading this over and providing brilliant insights, as always. Dr. Liz Marnik, PhD, is Executive Director of The Evidence Collective at YLE and a science communicator and immunologist working at the intersection of public trust, science, and public health. You can find her on Substack, LinkedIn, Instagram and Threads. Your Local Epidemiologist (YLE) comprises a team of experts, ranging from physicians to immunologists to epidemiologists to nutritionists, working together with one goal: to “Translate” ever-evolving public health science so that people are well-equipped to make evidence-based decisions. The YLE suite of newsletters reaches over 475,000 people across more than 132 countries. This newsletter is free to everyone, thanks to the generous support of fellow YLE community members. To support the effort, subscribe or upgrade below: Subscribe
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