Temporary Injunctive Relief for Nondebtors in Bankruptcy Court Post-Purdue Pharma

In June, in Harrington v. Purdue Pharma L.P., 144 S. Ct. 2071 (2024), the Supreme Court held that the Bankruptcy Code does not, as part of a bankruptcy plan, allow nondebtors to…

OPEC Doubles Down on Forecast for Unfettered Oil Demand Growth

(Bloomberg) — OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate…

OPEC rolls out global oil outlook to 2050, sees no peak demand

By Alex Lawler LONDON (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and…

Dow Jones Today: Stocks Mixed After Weak Consumer Confidence Report

Visa Drops After Reports DOJ is Preparing Antitrust Suit 42 minutes ago Visa (V) shares dropped in early trading following reports that the payment processing giant is likely to be sued by…

Mexico’s Inflation Slows More Than Expected Before Banxico Vote

(Bloomberg) — Mexico’s headline inflation slowed more than expected in early September, likely giving Banco de Mexico room to cut borrowing costs for a second straight month at Thursday’s interest…

Mexico’s annual inflation undershoots forecasts ahead of rate decision

(Reuters) – Mexico's annual inflation slowed more than expected in the first half of September, official data showed on Wednesday, paving the way for the country's central bank to deliver…

Iron Ore Spikes as Beijing Takes Slew of Steps to Aid Economy

(Bloomberg) — Iron ore spiked after China announced a series of major measures to boost growth and shore up its beleaguered property market, buoying the demand outlook in the world’s…

Bank Indonesia to cut twice in Q4 as Fed easing shores up FX confidence, Reuters poll shows

By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia (BI) will cut interest rates twice more this year following a surprise reduction on Sept. 18, a Reuters poll of economists predicted,…

A Study in THC-O: Unpacking the Recent Anderson Case

Recently, the United States Court of Appeals for the Fourth Circuit handed the Drug Enforcement Administration (“DEA”) a big loss when it comes to hemp. In Anderson v. Diamondback Investment Group,…

FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess, sources say

By Sabrina Valle (Reuters) -The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the…