Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare

Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project Shares of Royal Caribbean Group slid to session lows around midday after Mexican President Claudia Sheinbaum said her environment minister would review the cruise operator's proposed water park project in Quintana Roo, injecting new regulatory risk into the company's expansion plans. President Sheinbaum was speaking at a regular press conference Monday morning, where she addressed a range of topics, from drug traffickers and President Trump to Royal Caribbean. Sheinbaum said that SEMARNAT México, Mexico's federal environment ministry - formally the...

$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher" The Financial Times reported overnight that AstraZeneca has explored acquiring Bristol Myers Squibb in a potential megadeal that would create one of the world's largest drugmakers, with a combined market capitalization of nearly $400 billion. The report cited people familiar with the matter, while both pharmaceutical giants declined to comment. Some Wall Street desks, however, are struggling to see the strategic rationale behind such a combination. FT reported: The companies have held discussions about a tie-up in recent months, according...

Facebook Is Accused Of Fostering Ethnic Enclaves At Headquarters Authored by Jose Nino via Headline USA, Tech advocacy group blames visa programs for enabling corporate tribalism. A terminated software engineer is accusing Facebook parent company Meta of allowing Chinese migrants to take over entire departments while American employees face systematic exclusion and layoffs, Neil Munro of Breitbart News reported. Jeremy Bernier, who graduated from Virginia Tech in 2012, lost his software engineering job at the company and has gone public with allegations of widespread discrimination. "At Meta, 90% of my coworkers were Chinese,...