Tuesday, October 6, 2026
14 stories
Cornell's president, Michael Kotlikoff, is facing a campus sexual-assault furor that is upending his tenure. He had already spent his presidency navigating federal-funding disruptions and antisemitism controversies.
President Trump has approved a plan to put Nidal Hasan, the Fort Hood shooter, to death by firing squad. Hasan was sentenced to death in 2013 by a jury of fellow officers at the Texas Army base.
Disney's top lawyer, Horacio Gutiérrez, is described as a pragmatist now facing his biggest fight yet. After battling regulators at Microsoft and taking on Apple at Spotify, he is leading Disney's First Amendment clash with the Trump administration.
Oil prices fell on Tuesday as traders assessed recovering crude exports from the Middle East. Fresh shipping incidents around Hormuz and increased tensions around the Red Sea are keeping the risks in view.
Fintech company Plaid is betting on credit scores to fuel its next phase of growth. It is doubling down on its credit-scoring business with new AI models, aiming to build a suite of products beyond its core business.
Informa plans to buy live-events company Clarion Events for $2.96 billion and separate its academic unit, Taylor & Francis. The moves would let the company focus on its core business-to-business arm.
KKR has struck a deal to buy Gen II, an administrator of private-capital funds. Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
Dutch firm Forbion has raised $2.6 billion, in what the Journal calls a boost to Europe's biotech industry. The haul comes despite European drugmakers and investors warning that the region is losing ground.
Eurozone retail sales edged higher, despite a slump in fuel sales. Sales of food, drinks and non-fuel products rose slightly on the month across the 21-member currency area.
The owner of the New York Stock Exchange has launched gold futures trading in London. The contract began trading on Monday alongside new futures for silver, platinum and palladium.
A luxury senior-housing company has locked in a $1 billion buyer. The buyer, a firm with experience in luxury hospitality, aims to capitalize on boomers who can splurge on retirement homes and lifestyle.
Barbie maker Mattel is facing growing shareholder pressure to consider a sale. Ariel Investments, which holds a 5.4% stake, said it believes the company's shares remain significantly undervalued under its current structure as a public company.
Texas Attorney General Ken Paxton has launched an investigation into UnitedHealth Group. His office has sent civil investigative demands to the company to collect evidence around potential violations of the Texas Deceptive Trade Practices Act.
Senators Elizabeth Warren and Josh Hawley plan to probe insurers over zero-payout claims. The two — one a Democrat, the other a Republican — question whether companies are driving profits with tactics to delay payments.