The Political Economy of Global Stock Exchange Competition

The Political Economy of Global Stock Exchange Competition Summary Curtis J. Milhaupt and Wolf-Georg Ringe challenge the familiar “race to the bottom” story about stock exchange competition. They argue that IPO rivalry is only one strand of a much larger political-economy picture: exchanges are now commercial firms, major data-and-analytics businesses, competitors with booming private capital […]

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Company’s DEI interview quota policy harmed White men, lawsuit alleges

Company’s DEI interview quota policy harmed White men, lawsuit alleges Summary A proposed class-action suit filed Sept. 15 alleges Danaher Corp. ran a diversity, equity and inclusion (DEI) interview-quota policy that discriminated against qualified White male and older employees. The complaint, Critelli v. Danaher Corp., was brought by two White male engineers over 40 who […]

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Post-ZIRP CX: Stop Buying Customers. Start Earning Them.

Post-ZIRP CX: Stop Buying Customers. Start Earning Them. Summary This editorial explains the shift from acquisition-first strategies enabled by the ZIRP era to a retention-first approach in a higher-rate, capital-constrained environment. It argues that rising customer acquisition costs (CAC) and the need for profitability make customer retention — and the customer experience (CX) that supports […]

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Billionaire Nassef Sawiris’ Bold Pivot: $50B Bet on America’s Infrastructure Future

Billionaire Nassef Sawiris’ Bold Pivot: $50B Bet on America’s Infrastructure Future Summary Nassef Sawiris is repositioning the Sawiris family empire from chemicals and cement into a US-focused infrastructure play. By consolidating OCI and re-listing Orascom in Abu Dhabi, Sawiris aims to mobilise up to $50 billion in capital and partner funds into US projects over […]

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Melco’s Grand Dragon satellite casino and Mocha Kuong Fat slots club to cease operations next week

Melco’s Grand Dragon satellite casino and Mocha Kuong Fat slots club to cease operations next week Summary Melco Resorts & Entertainment has announced it will close Grand Dragon Casino just before midnight on Monday 22 September 2025, and Mocha Kuong Fat slots club before midnight on Wednesday 24 September 2025. The Macao SAR Government approved […]

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MGM Resorts names long-term executive Steve Zanella as President and COO of Japan integrated resort MGM Osaka

MGM Resorts names long-term executive Steve Zanella as President and COO of Japan integrated resort MGM Osaka Summary MGM Resorts has appointed Steve Zanella — a 30-year veteran of the company — as President and COO of its Japan operations to lead the US$10 billion MGM Osaka integrated resort project on Yumeshima Island. The move […]

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