Mexico is suing US gun-makers for arming its gangs − and a US court could award billions in damages
A sign in Laredo, Texas, reminds motorists not to smuggle guns into Mexico. Gilles Mingasson/Getty ImagesThe government of Mexico is suing U.S.
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Solving the supermarket: why Coles just hired US defence contractor Palantir
What does the Australian supermarket chain Coles have in common with the CIA? As of last week, both are clients of Palantir Technologies, a US tech company “focused on creating the world’s best user experience for working with data”.
In a three-year deal, Coles plans to deploy Palantir’s tools across more than 840 supermarkets to cut costs and “redefine how we think about our workforce”.
Driving the best possible bargain now isn’t the best long-term strategy, according to game theory
There is such a thing as a win-win deal. nortonrsx/iStock via Getty Images PlusConventional wisdom says that you should never leave money on the table when negotiating. But research in my field suggests this could be exactly the wrong approach.
In the market for a car? Soon you’ll be able to buy a Hyundai on Amazon − and only a Hyundai
Hyundai and Amazon announced a big partnership in November 2023. Robyn Beck/AFP/Getty ImagesThis is the year you can finally buy a car on Amazon. Well, one kind. Eventually.
Could a court really order the destruction of ChatGPT? The New York Times thinks so, and it may be right
Old media, meet new. Idrees Abbas/SOPA Images/LightRocket via Getty ImagesOn Dec. 27, 2023, The New York Times filed a lawsuit against OpenAI alleging that the company committed willful copyright infringement through its generative AI tool ChatGPT.
Meat and dairy industry giants hold the plant power behind many vegan brands
“Cast a vote for a greener planet, lower food bills, better health and kindness to animals. And you don’t even have to wait for a general election,” states the global Veganuary campaign that encourages people to eat plant-based throughout January.
Transforming the world’s food system through large-scale reduction in meat production is essential if we are to preserve the planet’s natural ecosystems. But I don’t believe Veganuary’s solution is the way to do that.
Creative Destruction in Small Business Bankruptcy
Two distantly related items caught my eye this morning, as both reinforce the need for "creative destruction" as a response to all-too-common small business failure.
Nondebtor Releases and the Future of Mass Torts
Certain members of the bankruptcy academy and bar seem to have their knickers in a twist over the Supreme Court’s grant of certiorari to review the nonconsensual nondebtor releases in Purdue. Conventional wisdom is that SCOTUS is going to find that there's no statutory authority whatsoever for nonconsensual nondebtor releases outside of the asbestos context (expressio unius and Congress doesn't hide elephants in mouseholes....).
Let's be clear: nonconsensual nondebtor releases are not necessary to resolve mass tort cases.
Unhappy Campers and Their Credit Cards
This story about the failure of a company that ships duffel bags to/from sleep-away camps has an interesting payment systems meets bankruptcy angle that got me particularly excited given that I'm teaching payment systems this fall:
Treasury in the Red... with Yellow
Freight company Yellow is on the verge of bankruptcy. It's not a company whose financial distress would normally stand out but for the fact that it received $700M in national security loans from the US Treasury in 2020, and, oh man, are taxpayers going to take it on the chin.
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