Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos

"Strain Is Spreading": FT Exposes Private Credit Distress At Decade Highs Since last fall, we have repeatedly flagged the private credit sector’s growing vulnerabilities. Earlier coverage detailed how the asset class ballooned into a $2-3 trillion opaque market after banks retreated from riskier lending, only to face a wave of high-profile defaults (First Brands, Tricolor), surging redemptions that forced gates at major vehicles, rising PIK usage, and AI-related risks to software-heavy portfolios. In February, the red flag got about as red as it gets... Private Credit Rocked By UBS Shock Outlook: Record "Cascading...

Flock Safety Defends Cameras After AI System Triggers Wrongful Police Stops Of Two Journalists Plymouth, Minnesota - Automotive journalist Joel Feder and his wife were detained by multiple police officers in a coordinated stop while driving a Jaguar Land Rover press vehicle, after Flock Safety's automated license plate recognition (ALPR) cameras flagged the car based on a flawed database entry. Screenshot Plymouth Police Department via The Drive According to Feder's detailed account in The Drive, officers boxed in the $155,000 Range Rover in a Kohl's parking lot after the vehicle triggered alerts via Flock's...

California Should Not Get To Set Policy For All Of The US Authored by Curtis Hill via RealClearMarkets, California has decided it should dictate how the rest of America packages everything from cereal and soap to industrial spare parts. Seventeen Republican attorneys general have filed suit to stop it. They are right. The rest of the country should say so - and reject California's attempt to impose its policies on everyone else. California's Senate Bill 54 effectively tells companies: If you want to sell in California, redesign your packaging, cut plastic on California's...