On June 30, 2026, investor rights law firm Grant & Eisenhofer P.A. filed a class action lawsuit in the U.S. District Court for the Southern District of Florida against Citadel Securities LLC and Virtu Americas LLC. The complaint, brought on behalf of lead plaintiff Aron Reynolds and a proposed class...
United States – Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy on June 26, 2026, and rebranded as Exemplar Luxury Group (ELG). The move capped a turbulent five-month, court-supervised restructuring that began in January after the company suffered...
The National Association of Insurance Commissioners (NAIC), which supports state insurance regulation across all 50 U.S. states, has confirmed it was compromised in a hacking campaign exploiting an Oracle PeopleSoft zero-day vulnerability, tracked as CVE-2026-35273. Oracle issued an out-of-band advisory on June 11, 2026, after Google and others observed active...
Shell PLC, in its LNG Outlook 2026, warns that global liquefied natural gas trade could stagnate or even contract in 2026 because of severe shipping disruptions in the Strait of Hormuz. The chokepoint, vital for exports from Qatar and other Middle Eastern producers, has seen tanker movements sharply reduced since...
MEMPHIS, Tennessee – International Paper, one of the world’s largest producers of fiber-based packaging and pulp, has announced plans to permanently close four facilities across the United States, resulting in approximately 330 layoffs. The Memphis-based company said late Friday that it will shut down a sheet plant in Aurora, Illinois,...
United States – Gold prices fell sharply on Tuesday, June 30, 2026, putting the precious metal on track for its steepest monthly drop since the October 2008 global financial crisis. Spot gold traded at $3,985.57 per ounce, down 0.8% on the day and 12.1% lower for June, while U.S. gold...
Washington — The United States Patent and Trademark Office has issued rulings that place Basketball Hall of Famer George Gervin and Chicago Bears quarterback Caleb Williams in direct conflict over federal trademark rights to the nickname "Iceman." In office actions dated June 24 and June 26, 2026, USPTO examining attorneys...
SpaceX is being added to MSCI’s standard and large-cap global indexes effective June 29, following its record-setting initial public offering on June 12, 2026. MSCI previously indicated that SpaceX would comfortably exceed the size and free-float thresholds for early inclusion of large IPOs. Analysts estimate that the MSCI changes from...
Auburn, Calif. County officials and local organizers announced schedules and safety measures for Fourth of July events this week, stating that all fireworks remain illegal in unincorporated Placer County and that alcohol will be banned on the Truckee River from July 1–6, while towns in Ohio, Louisiana and Mississippi posted...
Comcast, headquartered in Philadelphia, announced on Monday that it will split into two publicly traded companies by spinning off its NBCUniversal and Sky media assets. The move will create a standalone media and entertainment company, including NBC and Telemundo networks, Universal film and television studios, theme parks, Peacock, Bravo, and...
