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Firm Retention Summary: Ambri
This is a summary of a request from Ambri to hire Goodwin Procter as restructuring counsel, filed May 9 with the U.S. Bankruptcy Court in Delaware.The Wall Street Journal - World -
The Chaos That Led to Scottie Scheffler's Arrest
Scottie Scheffler was the only golfer who wound up in a jail cell before the second round of the PGA Championship, but players described a scene of pandemonium outside Valhalla Golf Club on Friday morning.The Wall Street Journal - World -
AstraZeneca's Revenue Target Signals Pipeline Momentum
AstraZeneca’s 2030 revenue target boosted by investment in 20 new drugs shows clear pipeline momentum, Citi said.The Wall Street Journal - World -
Water firm 'fallen short' on parasite outbreak
Susan Davy says South West Water will "not stop working until the situation has been resolved".BBC News - Top stories -
Water firm criticised over 'scary' outbreak
A caretaker from Brixham says it is "probably the worst ailment" he has had in his adult life.BBC News - Top stories -
Water firm's response to outbreak contemptible - MP
South West Water says some 16,000 homes and firms are affected but it is clearing the contamination.BBC News - Top stories -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.The New York Times - Business -
How Zola's Co-founder Led the Startup During Its Earliest Days
Shan-Lyn Ma focused on what was right in front of her, rather than the long term.Inc. - Business -
Dutch far right-led government set for clashes with Brussels
Four-party coalition agrees programme rolling back EU policies on climate, energy and migrationFinancial Times - Business - Netherlands -
"One Chip Challenge" led to Massachusetts teen's death, autopsy finds
Worcester teen Harris Wolobah died after taking part in the "One Chip Challenge" last year.CBS News - Top stories -
How a smear campaign against NPR led Elon Musk to feud with Signal
Rightwing media personalities on X transmuted a screed against NPR’s CEO into a fight over encryption via the Transitive Property of Bad People. For nearly two weeks, an esoteric debate has raged on X, formerly Twitter: could users concerned about ...The Guardian - World - Elon Musk -
The Mavericks' major gambles pay off as Luka Dončić, Kyrie Irving lead charge to West finals
Shrewd moves and timely deals have the aggressive Mavericks moving on in the postseason — and perhaps to an even better tomorrow.Yahoo Sports - Sports - NBA -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
Haiti’s Gangs Grow Stronger as Kenyan-Led Force Prepares to Deploy
Gang leaders with suspected links to the 2021 Haitian president’s assassination now control key infrastructure, and pose a major threat to the incoming Kenya-led force.The New York Times - World -
Haiti’s Gangs Grow Stronger as Kenyan-Led Force Prepares to Deploy
Gang leaders with suspected links to the 2021 Haitian president’s assassination now control key infrastructure, and pose a major threat to the incoming Kenya-led force.The New York Times - Top stories -
Law firms probe best ways to win a head start on using AI
Legal innovators in the Asia-Pacific region are racing to show how they will adapt to the latest techFinancial Times - World -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Grand Theft Auto maker firms up GTA 6 release date
The latest instalment of the hugely popular series will be released in autumn 2025, its publisher says.BBC News - Top stories -
UK engineering firm Arup falls victim to £20m deepfake scam
Hong Kong employee was duped into sending cash to criminals by AI-generated video call. Business live – latest updatesThe British engineering company Arup has confirmed it was the victim of a deepfake fraud after an employee was duped into sending ...The Guardian - World - United Kingdom -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
Half of venture firms will ‘fade or fail,’ prominent VC forecasts
As many as half the venture-capital firms will fade or fail, says a prominent player in that space.MarketWatch - Business -
Why US law firms outgun City rivals in battle over pay
Rates for newly qualified lawyers have become a proxy for firm qualityFinancial Times - Business -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Summit Partners Backs OneStock, an Order-Management Firm for Retailers
The $72 million investment allows Silverfleet Capital to exit and will drive the French company’s international expansion, including into the U.S.The Wall Street Journal - World -
Grant Thornton will lay off about 350 U.S. employees as the accounting firm moves closer to selling a stake in its U.S. unit to a private-equity firm.
Grant Thornton will lay off about 350 U.S. employees as the accounting firm moves closer to selling a stake in its U.S. unit to a private-equity firm.The Wall Street Journal - World -
AG Garland admonishes GOP-led contempt effort over Biden-Hur recordings
Attorney General Merrick Garland took questions from reporters Thursday as two Republican-led House committees consider a contempt of Congress resolution against him. Garland has defied the committees' requests for audio recordings of former ...CBS News - Top stories - Joe Biden -
Atlanta Dream moving two games vs Caitlin Clark-led Fever to NBA arena
To accommodate much larger crowds, the Atlanta Dream are moving their two regular-season home games against Caitlin Clark and the Indiana Fever to the downtown home of the NBA HawksABC News - Sports - NBA -
Harvard was slow to react to a wave of hostility against Jewish students last fall, according to a report by a Republican-led House committee.
Harvard was slow to react to a wave of hostility against Jewish students last fall, according to a report by a Republican-led House committee.The Wall Street Journal - World -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Bruce Nordstrom, who helped grow family-led department store chain, dies at 90
Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died.NBC News - Top stories -
Biden: what would Trump have done if the Capitol riots had been led by Black Americans?
The US president Joe Biden asks at civil rights event: ‘what do you think he would have done … if Black Americans had stormed the Capitol?’ . Joe Biden has launched one of his most scathing attacks yet on Donald Trump’s record of racism, ...The Guardian - World - Joe Biden -
Four minors found working at Alabama poultry plant run by same firm found responsible for Mississippi teen's death
Four minors were allegedly found working at an Alabama slaughterhouse run by the same firm found responsible for the death of a Mississippi 16-year-old in 2023.NBC News - Top stories -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Grayscale CEO Michael Sonnenshein steps down as firm’s bitcoin ETF bleeds assets
Grayscale Investments has named a new chief executive as Michael Sonnenshein stepped down after helping to pave the way for spot bitcoin exchange-traded funds that are now posing hot competition for the firm.MarketWatch - Business - Crypto -
Top dealmaker set to leave law firm Skadden Arps as talent war escalates
Co-head of its financial institutions practice off to Paul WeissFinancial Times - Business -
Top oil firms’ climate pledges failing on almost every metric, report finds
Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’ . Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and ...The Guardian - World - Climate -
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.The Wall Street Journal - World