November 10, 2026

The Daily Bankruptcy News

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Due to the Veterans Day holiday, The Daily Bankruptcy News will not publish on Wednesday, November 11, 2026

 

Law:

Legal sector jobs hit record high in October, new data shows
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$2 Billion Wasn’t Enough to Save Weil Gotshal • What Weil Associates Can Do Next When Navigating a Career Shock • Strategic Steps for Overcoming Career Disruptions in Legal Firms: Insights for Weil Associates and Beyond
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Attorney Fee Award Cut from $100K to $50K, Partly as Sanction for Hallucinated Citations
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Clients Want Law Firms to Use AI. But That’s Not All They Want
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A&O Shearman’s $1.1 Billion AI Bet Is Paid Mostly in Billable Hours
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AI Platforms Create New Risks When They Compete With Customers
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AI-Driven Transformation: Law Firms Embrace Innovation to Stay Competitive Amid Industry Shifts
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Navigating AI’s Dual Impact: Enhancing Legal Practice Amid Job Security Concerns
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Biglaw Associates Have Their Eyes On Raises And Even Bigger Bonuses
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The Next Law School Admissions Crisis Could Be About Loans
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Private Equity Promised Better Healthcare. What Should Lawyers Learn From What Happened?
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Weil Real Estate Head, Five Other Lawyers, Accept Latham Offers
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Defense attorney in Tupac Shakur murder trial discovered dead inside his Vegas home
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Public defender office chief investigator kills wife after he filed for divorce: Cops
(DBN)

They quit Cohere to go into law. They say their new firm can avoid Weil’s fate.
(DBN)

Sheppard mandates 4-day-per-week return to office
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Legendary Litigator Who Took On Trump Passes Away While Prepping For Trial
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Over $157 million in pro bono legal services donated by law class of 2026
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New Jersey Supreme Court Disbars Attorney for COVID-19 Relief Fraud, Reinforcing Accountability in Pandemic Aid Misuse
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The Collapse of America’s Most Consequential Institution
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Has the Justice Department Always Done What the White House Wants?
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Supreme Court disbars Judicial Watch founder Larry Klayman
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DHS Has Used This Controversial Investigative Tool 185,000 Times Since Trump Took Office • ‘No business having a gun’: Some ICE recruits had a record of red flags • Supreme Court allows Trump administration to continue border wall construction • Yielding to Trump, Supreme Court bulldozes barriers to Big Bend border wall • Despite its win, the administration signaled it had adjusted construction plans in the national park • Immigrants Are Being Systematically Returned Home Despite Court Orders • Trump floats immigration deal, says issue hurt him • MAGA hits the roof after Trump suggests possible amnesty deal with Democrats on 60 Minutes • Trump Vows ‘No Amnesty’ for Immigrants Amid MAGA Blowback On 60 Minutes Remarks • Texas was a loyal partner in Trump’s immigration machine. Now, it faces a new test
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Texas’ Flip to Blue Is Major Blow to Red States’ Legal Fights
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Todd Blanche Is The Real Victim. Just Ask Him, He’ll Tell You!
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Todd Blanche Gets Fiery Letter from Lawyer Demanding AG Ignore Trump’s Threat Against Senate Democrat
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Alabama banned me from saying “Gulf of Mexico.”
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Subpoenas Are Coming: Washington Law Firms Are Getting Ready For A Congressional Probe Boom
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Cops: Man Left 6-Year-Old In Overnight Line To Save Spot For Pokemon Card Release
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White House on lockdown after car rams through secure area with Trump home in DC
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Cornell rocked by yet another sex assault scandal involving up to 10 students in ‘egregious’ abuse case
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Russell Brand is sentenced to 10 1/2 years in a British prison for rape and sexual assault • Megyn Kelly, Elon Musk and Others Defend Russell Brand After Rape Conviction • ‘An Outrage!’ Megyn Kelly Melts Down Over Russell Brand’s 10-Year Sentence
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Macrons sue far-right podcaster Candace Owens personally in Tennessee
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Lindsay Clancy Faces Retrial After Judge Rejects Bid to Drop Children’s Murder Charges
(DBN)

Ring camera catches ‘white Ole Miss coeds’ making monkey noises outside black students’ apartment
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Two Washington deputies killed trying to rescue possible hostages after woman shot
(DBN)

Mississippi Officer Who Fatally Shot Toddler Had a History of Aggressive Policing
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13-year-olds unleash 'pure chaos' on county fair swing ride, leading to 3 injured: Police
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Mom told 10-year-old to get gun during fatal encounter with neighbor over loud music: Cops
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Neighbor blew away a mother and her son after an ongoing argument over Wi-Fi: Police
(DBN)

Man forgot to drop off toddler at babysitter, finds her dead in car 8 hours later: Cops
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Mom of 5 gunned down by brother while her kids were getting ready for school: Police
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Jury awards $4M to family of mom found 'frozen to death' outside assisted living home
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Cop handcuffed, dragged sobbing toddler out of home during 'scared straight' intervention
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FBI arrests luxury passenger over homicide while vessel sailing off Texas
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Dad faces multiple charges after allegedly dangling kids between 6th-floor balconies
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Judges:

Public Comments Requested on Tennessee Western Bankruptcy Judge Candidates
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Bankruptcy Judgeship Opportunities for the District of Nevada
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Alito and Thomas Can’t Retire Now
(DBN)

Crazy things: Sotomayor hopes Supreme Court will reverse some of its rulings
(DBN)

Why Colorado Is at the Epicenter of So Many Supreme Court Clashes
(DBN)

$156 million for Mass. solar projects in limbo after courts say EPA illegally withheld funds
(DBN)

DOJ Lawyer Gets Nod for Texas Court in Late Judicial Push • Trump Eyes DOJ Legal Chief for Lifetime Federal Judgeship in Texas • Gaiser’s nomination process began five days ago. This is not normal.
(DBN)

Arkansas Senators Poised to Sink Trump Appeals Court Nominee
(DBN)

SCOTUS says Trump 'exceedingly likely' to win over border wall and only 1 justice says no
(DBN)

Texas Going Blue Portends Big Changes In Corporate Power
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Wall Street:

Nasdaq futures inch lower as Waller comments stall tech rebound; CPI in focus
(DBN)

World shares rise after U.S. tech shares advance
(DBN)

Dow rallies 1,100 points, Nasdaq jumps 2% as stocks climb out of post-election slump
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Trump administration's embrace of perp futures sets off risk alarms for Wall Street stalwarts
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Layoffs:

PepsiCo Cuts About 1,000 Jobs Across North America as Turnaround Lags
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Boeing to cut 5% of commercial airplane workers as production increase takes longer than expected • Slower jet production leads to about 2,500 layoffs at Boeing
(DBN)

732 N.J. jobs at risk as The Children’s Place files for bankruptcy
(DBN)

Children’s retailer to close 24 NJ stores, lay off 100s
(DBN)

AI-Driven Tech Layoffs Could Trigger a 1.6 Million Job Recession
(DBN)

Qantas Cuts 850 Jobs, Outsources Functions to India in Major Restructuring
(DBN)

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Crypto:

The crypto world braces for Liz Warren’s return. Has anything changed?
(DBN)

Binance Puts Breach Impact at $6.3 Billion, Including Frozen Assets • Binance Hackers Made Memecoins To Launder Stolen Crypto
(DBN)

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Telecom:

Optimum's path likely leads to a lender deal or bankruptcy court • Cable One warns of bankruptcy risk as Optimum hits a debt wall
(DBN)

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Summer Camps:

There is no timeline for grief: Baker family sues Camp Mystic following deadly flooding • Another lawsuit filed against Camp Mystic as stay in bankruptcy lawsuit lifts
(DBN)

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Sports:

LIV Golf Stars Face Grim Warning Over Millions in Unpaid Contracts • LIV Golf Ends: Big Wins For Bryson And Talor Gooch • Bryson DeChambeau offers no regrets for joining LIV and no clear plans for his next step • Bryson DeChambeau signs multi-year apparel deal after LIV Golf collapse
(DBN)

An N.B.A. Player Got Hooked on Sports Betting. Soon, He Became the Bet
(DBN)

Tottenham Hotspur ownership twist as bidder fights bankruptcy claim • Daniel Levy saga at Tottenham takes fresh twist amid bankruptcy news elsewhere • Wing Fai Ng Declared Bankrupt Amid Spurs Bid
(DBN)

This Fast-Growing Pickleball Chain's Parent Company Just Filed For Bankruptcy
(DBN)

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Trucking:

Cost of diesel is bankrupting small trucking companies
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Autos:

TV Mogul Kevin Adell Faces Losing Hollywood’s Most Iconic Movie Cars After $62.2m Court Defeat and Bankruptcy Filing
(DBN)

GM’s former factories are attracting data center developers as redevelopment continues
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Economy:

Barkin says appropriate direction of monetary policy relatively straightforward • Needs Careful Pace
(DBN)

Top Federal Reserve official considers largest rate rise since 2022
(DBN)

More rate hikes are coming as job growth accelerated, unemployment fell
(DBN)

U.S. Households Put 45.3% Odds on Rising Unemployment, Highest Since April 2020
(DBN)

Fed needs to 'come to terms' with inflation, Chicago Fed's Goolsbee says
(DBN)

Trump talked with Fed chief, but there's no record of it on Warsh's calendar
(DBN)

NY Fed survey finds Americans more worried over future jobless levels
(DBN)

Trump proposal would require 5 weekly work-search activities for unemployment benefits
(DBN)


Vietnam’s $140 billion US surplus isn’t driven by illegal transshipment, says ex-ambassador Marc Knapper
(DBN)

US Treasury, Fed scrap $250 transaction reporting proposal
(DBN)

Why is your cocktail so expensive? Ask the White House.
(DBN)

Trump Trade Adviser Says 'We Are Quadrupling Down On Tariffs' After The GOP Lost Congress. Here's What Yale Budget Lab Says Tariffs Cost The Average American Household
(DBN)

Ranked: The World’s Biggest Economies vs. Debt in 2026
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US Debt Clock
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World Debt Clock
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Real Estate:

Home listings pile up in October, but sellers won’t slash prices
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November ICE Mortgage Monitor: Annual home price growth was 1.0% in October
(DBN)

Humiliation for developer of five mega-mansions atop Malibu cliff as his ego is blamed for chaos
(DBN)

Residential Building Worker Wage Growth Rebounds, but Real Wages Continue to Decline
(DBN)

Blackstone Real Estate Seeks Rebound From Shock Exits And Losses
(DBN)

Luxury home prices are falling nationwide except in Florida, where billionaires like Jeff Bezos and Ken Griffin have spent hundreds of millions
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Oil/Gas:

The oil slump has gone too far. Where prices could go next.
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Oil sinks to $94 as Iran's $8 billion Hormuz deal heads to Trump • Brent crude falls below $90 on Iran war de-escalation optimism
(DBN)

US Gasoline Prices Drop Below $4 a Gallon After Months of Pain
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Oil prices fall to lowest since August as Trump says Iran war is effectively over
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Politics:

Tracking approval and key issues
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Krugman: The Texas Miracle
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Democrats Are Wasting No Time Investigating Corporate America’s Biggest Names
(DBN)

Trump '60 Minutes' interview goes off rails with wild death questions • Trump Grilled on Midterm Losses, His Own Mortality in ‘60 Minutes’ Interview
(DBN)

Trump Rages At CNN’s Kaitlan Collins During Wild Presser: ‘Stone Cold Loser!’
(DBN)

Trump FactCheck: Says his $3 billion net worth increase during his second presidency is because of stocks.
(DBN)

Katie Zacharia auditioning again for White House press secretary — despite being fired after 5 days: sources
(DBN)

Andrew Sullivan: Resign, Mr President
(DBN)

Trump is casting doubt on the legitimacy of the Democrats' election victory • Trump’s Electoral Fraud Claims Are Now Evidence-Proof
(DBN)

Hegseth announces rare press conference to discuss expected impeachment resolution in Congress • Hegseth impeachment articles introduced by Rep. Massie • Accuses Hegseth of Extrajudicial Killings • Hegseth impeachment drama is first test of Trump’s eroded post-midterms power • Don Bacon Open to Impeaching Pete Hegseth: Better if Resigns • Prediction markets meet impeachment
(DBN)

Massie Burns it All Down in Presser Attacking Hegseth, Trump and McConnell
(DBN)

Report Reveals Pete Hegseth Made Up His Own Military Promotion Requirements
(DBN)

Trump ‘exploded’ at Susie Wiles and ‘yelled’ until she left the room - White House insider
(DBN)

Richard Walters to leave White House as Stephen Miller succeeds Susie Wiles • White House deputy chief of staff departs under Miller shake-up
(DBN)

Jeffries Calls Stephen Miller a ‘Stone-Cold Racist’ — Vows Not to Work With Him
(DBN)

Trump’s pick of Stephen Miller as chief of staff drew swift criticism over his immigration record and influence
(DBN)

Ex-Trump Aide Says White House ‘Privately’ Believes Stephen Miller Is ‘Cuckoo’
(DBN)

Trump has just three MAGA women left in cabinet-level jobs after worrying firing trend
(DBN)

Congress Returns to a Reordered Washington With a Hazy Agenda
(DBN)

Progressives Launch ‘Ready for AOC,’ as 2028 Jockeying Heats Up
(DBN)

Josh Shapiro says Texas won't replace Pennsylvania as the 'ultimate swing state'
(DBN)

Secret files kept by Hegseth’s office could spell big legal trouble for him: insider
(DBN)

Biden: What Trump Did on January 6 ‘Should Follow Him to His Grave’
(DBN)

Trump says he 'cannot' forgive his enemies even if it means denial at Heaven's gates
(DBN)

Centrist Democrats warn party leaders not to go too far after midterm wins
(DBN)

Lauren Boebert Loses Reelection, CNN Projects
(DBN)

Fetterman to be challenged for Senate by socialist born in Gaza
(DBN)

Chart: U.S. Elects Historic Number of Black Governors
(DBN)

How a MAHA leader turned and torched the White House
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Religion:

Pope arrives in Argentina and tells Milei that people, not the economy, should come first
(DBN)

Christian leaders see midterm wipeout as 'God's judgment'
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Education:

Ninth Edition of Law of Debtors and Creditors Now Available
(DBN)

Palm Valley School campus sells for $14.6 million
(DBN)

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Agribusiness:

Rising costs push farmers toward financial distress, bankruptcy
(DBN)

America’s farms are flashing a severe inflation warning to the Federal Reserve
(DBN)

Arkansas farm bankruptcies nearing 2025 levels with one quarter left
(DBN)

Your local apple orchard is having terrible year
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Celebs:

Shilo Sanders' $12-million creditor files closing brief in bankruptcy case
(DBN)

Rashee Rice’s 5-Figure Weekly NFL Salary Revealed in Bankruptcy
(DBN)

‘No work now’: Star’s $1m Rebel legal bill
(DBN)

Former NC Lt. Gov. Mark Robinson and his wife file for bankruptcy
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Pharma:

Failed Alzheimer’s drug forces drugmaker close to Chapter 11 bankruptcy • Alzheimer's families just lost one of their biggest hopes
(DBN)

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Utilities:

Electricity consumers group seeks to revive challenge to pension charge in bankruptcy court
(DBN)

HEI Posts Profit Despite Storm Damage, Kauai Bankruptcy
(DBN)

Gina Hinojosa Wants To Freeze Electricity Rates in Texas. New Jersey Shows Why That Won't Work.
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Healthcare:

Tapestry Health, founded by Stratford mayor, files for bankruptcy amid fraud probe • A Clinician-Led Healthcare Technology Company Files for Chapter 11 Bankruptcy • A death penalty? CMS freeze of Tapestry’s Medicare pay forces bankruptcy • Tapestry Health Files For Bankruptcy As Stratford Mayor Addresses His Continued Role As Board Chairman
(DBN)

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Forest Products:

Filing Alert: Mercer International Chapter 11 • Mercer International Announces Pre-Packaged Chapter 11 Restructuring With Strong Stakeholder Support
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Debt Collection:

FTC Action Results In Court Issuing Temporary Restraining Order Halting Phantom Debt Collection Operation
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Maritime:

Singapore seizes ‘forever’ cruise ship that dumped passengers in Cambodia
(DBN)

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Gambling:

Tracing How Problem Betting Became Central to the Sportsbook Business
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Fraud:

Scammed out of $700,000 on Tinder: Even smart people are falling for romance cons
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  New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Mass Torts:

St. John's archdiocese moves into next stage of bankruptcy
(DBN)

PVC giant JM Eagle gets initial OK in RICO suit against law firms • JM Eagle Advances in RICO Case Against Law Firms, Signaling Potential Shift in Litigation Dynamics
(DBN)

Federal Judge’s Ruling Challenges Litigation Conduct Shield in RICO Claims Against Law Firm
(DBN)

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Aviation:

Beond Airlines is canceling all scheduled flights
(DBN)

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Tech:

Navigating Bankruptcy: How AI Firms Like Character.AI Protect Intangible Assets Amid Financial Turmoil
(DBN)

Trump signals openness to AI guardrails after ‘blue tsunami’
(DBN)

AI Agents Are a Solution Looking for a Problem
(DBN)

Can the AI boom survive without Jensen Huang? • Nvidia CEO's affair with an alleged Chinese spy could be a problem for the economy • How Jensen Huang’s affair spiraled into a national security nightmare • Nvidia built itself around one man. A scandal is testing that bet • Nvidia investigates CEO Jensen Huang’s affair with suspected Chinese spy as Beijing denies claims • A short-seller flagged Jensen Huang's relationship with a Chinese tech exec 6 months ago • Jensen Huang Hired a PR Firm Known for Handling Sex Scandals Last Year • Nvidia and Jensen Huang Just Got Sued by Shareholders Over His Ties to a Suspected Spy • The fallout of Nvidia’s spying scandal • We Are Now Learning in Real Time Whether the Stock Market Cares About an AI Executive Admitting to an Affair With an Alleged Chinese Spy • A suspected spy and the billionaire CEO: Inside Nvidia affair scandal • Is Jensen Huang Too Powerful to Be Punished by Nvidia? • Trump's close ties to Nvidia's Huang scrutinized after foreign intelligence concerns • China Denies Spy Allegations Involving Nvidia CEO Jensen Huang, Calls Them Smears • What Jensen Huang has said about China in recent years as a spying probe roils Nvidia • 'No Ordinary CEO': Why the AI Race Cannot Do Without Nvidia's Jensen Huang • How the world became too reliant on Jensen Huang • Jensen Huang's affair highlights Nvidia's key man risk with no heir • Jensen Huang exit odds are low on prediction markets after Nvidia probe • Trump says FBI is ‘looking into’ Nvidia’s Jensen Huang • The Jensen Huang scandal could threaten one of Nvidia’s main safety valves for growth
(DBN)

U.S. Commerce Dept. Inquiry Into Megaspeed Was Halted After Nvidia Intervention
(DBN)

Anthropic releases Claude Fable 5.2 and Claude Mythos 5.2 ahead of IPO
(DBN)

Anthropic's quiet period ends as pre-IPO shares climb past post-election levels • We’ve never seen anything like the Anthropic IPO
(DBN)

Fears of an AI Cyber Apocalypse Are a Bit Premature
(DBN)

U.S. Private Investment in AI Is 23 Times Higher Than China’s
(DBN)

Goldman CEO Solomon says AI financing remains strong despite market jitters
(DBN)

Employees Who Use AI End Up Working Vastly More Time Per Day
(DBN)

Driverless trucks will take the jobs truckers don’t want
(DBN)

Softbank Group logs unexpected, $7 bln Q2 loss on AI rout, data center disruptions • AI bet sours
(DBN)

AI rebounding: Nearly 20% of US workers replaced by AI are being asked back—now they’re demanding higher pay, job security and AI transparency
(DBN)

France, US suspect Iran was behind cyberattack on European fridges
(DBN)

Panic at Apple: new CEO realizes the company is in serious trouble
(DBN)

Former Meta and OpenAI Contractor Sama Liquidates, Citing Lawsuits
(DBN)

PwC plans to certify workers in critical thinking as AI changes their jobs
(DBN)

Three men charged in $130 million AI impersonation scheme
(DBN)

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Food/Beverage:

Restaurant Bankruptcies in 2026: Rising Costs, Weaker Traffic and a Consumer Running Out of Room to Spend
(DBN)

Restaurant empire teeters as famous New York institutions face uncertain future after bankruptcy
(DBN)

61 Outback Steakhouse restaurants up for sale after major franchisee goes bankrupt
(DBN)

Schlotzsky’s Franchisee Files for Bankruptcy
(DBN)

A major liquor brand is making a comeback after filing for bankruptcy
(DBN)

Signorello Estate property sold for $22.3m at foreclosure auction
(DBN)

Dave & Buster’s minority lenders organize with Paul Weiss, engage with company’s advisers
(DBN)

Here’s a deep look at Wendy's turnaround plan
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Retailing:

Children’s Place files for bankruptcy, seeks buyer after suffering big losses • Chapter 11 Filing Means The Children’s Place Fate Decided by Dec. 9 • Children's Place bankruptcy follows years of Saudi backer loans • Filing Alert: The Children's Place Chapter 11 • Children's Place Bankruptcy: Liquidation Sales Are Now Taking Place • The Children’s Place Bankruptcy Puts 56 Canadian Stores in Focus as Retailer Seeks Buyer
(DBN)

Albertsons ordered to pay $900M in Washington state opioid case
(DBN)

Customers are complaining about Kim Kardashian's $148 Advent calendar
(DBN)

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Tax:

California Voters Reject Prop. 40 Billionaire Tax Measure
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UK:

Azets picks new restructuring and insolvency director
(DBN)

Insolvency firm acquires boutique South Coast practice
(DBN)

Thames Water creditors prepare ‘final’ offer as Burnham faces nationalization decision
(DBN)

Poundland suitor urges Gordon Brothers to release funding to secure sale
(DBN)

Scots bankruptcy shake-up sparks abuse fears as 92% get nothing back
(DBN)

Plymouth Council spends £2.1m to save £22m amid bankruptcy warning
(DBN)

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MENA:

KFC Israel up for sale after insolvency, NIS 50 million in debt
(DBN)

Israeli opposition eyes deal with ultra-Orthodox Jewish parties to oust Netanyahu
(DBN)

Houthi rebels say at least 44 killed in airstrike near Yemeni capital
(DBN)

Bipartisan Support for Israel Erodes as Both Sides Push for New Limits
(DBN)

Trump’s Board of Peace warns of ‘immediate humanitarian emergency’ in Gaza
(DBN)

Saudi Arabia Reports Attack on Major Oil Pipeline
(DBN)

Iran Hardens Line Against Nuclear Monitoring in Report to IAEA
(DBN)

US Holds Off Strikes after Qatari Mediation
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Russia:

Russia's top independent newspaper closes its office after three decades, citing official pressure
(DBN)

Putin’s very ordinary foot soldiers wreaking havoc on Europe
(DBN)

Ukraine Peace Talks Are Restarting After 9 Months. Here’s What to Expect.
(DBN)

Russian strikes aim to cut Ukraine in half, Zelenskyy warns 
(DBN)

Russia caps petrol sales after wave of Ukrainian strikes on refineries
(DBN)

EU Commission Considers Additional 45 Billion Euros for Ukraine
(DBN)

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Poland:

Poland reels after rare mass killing in Krakow
(DBN)

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Brazil:

Braskem risks bankruptcy filing as new talks with creditors fail
(DBN)

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Paraguay:

How a Bank Implosion in Paraguay Ensnared a President
(DBN)

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France:

France Set to Avoid Year-End Recession, Says Central Bank
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South Korea:

Abandoned private landfills drain 38.8 billion won as owners dodge costs
(DBN)

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Australia:

Insolvency lawyers in high demand as company failures surge
(DBN)

ASIC slams private credit fund conflicts and lack of transparency after 10-month probe • Watchdog warns private credit amid Bathla scrutiny
(DBN)

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China:

100 Million Chinese Default on Personal Loans
(DBN)

China set for record trade surplus as AI boom pushes it past $1 trillion in just 10 months
(DBN)

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Brazil:

Bankruptcy protection cases in Brazil hit record high in Q3
(DBN)

Brazil's Braskem creditors, shareholders target Wednesday deadline for debt deal, sources say
(DBN)

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Japan:

Japan corporate bankruptcies hit 934 in October, 3rd-highest this year
(DBN)

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