(NY Supreme Court) - 529285

(United States Second Circuit) - Held that a group of electrical power generators and related trade groups could not proceed with their lawsuit challenging the constitutionality of the New York Public Service Commission's Zero Emissions Credit program, which subsidizes qualifying nuclear power plants by creating state‐issued clean-energy credits. Affirmed a dismissal of the lawsuit for failure to state a claim.

(United States Third Circuit) - In an class action challenging the NFL's ticketing practices during Super Bowl XLVIII (2014) under a provision of New Jersey's Consumer Fraud Act, N.J. Stat. Ann. section 56:8-35.1, the district court's dismissal for failure to state a claim is affirmed in part and vacated in part where the named plaintiffs failed to allege the elements of constitutional standing required under Article III.

(United States Third Circuit) - Reversing a district court determination that a man complaining that the NFL's policies relating to the sale of SuperBowl tickets violated New Jersey law lacked subject matter jurisdiction and deferring action on the merits of the appeal pending a decision by the Supreme Court of New Jersey on a petition for certification of questions of state law, retaining jurisdiction over the appeal pending resolution of the certification.

The complaints began on Monday. There were too many people in the store, they said. Employees were not wearing masks or covering their face. Everyone was standing too close to one another.

A fairy grows wings each time Lupita appears.

The presidential candidate shares a message to protesters.

Facioscapulohumeral muscular dystrophy (FSHD) is caused by loss of repression of the DUX4 gene; however, the DUX4 protein is rare and difficult to detect in human muscle biopsies, and pathological mechanisms are obscure. FSHD is also a chronic disease that progresses slowly over decades. We used the sporadic, low-level, muscle-specific expression of DUX4 enabled by the iDUX4pA-HSA mouse to develop a chronic long-term muscle disease model. After 6 months of extremely low sporadic DUX4 expression, dystrophic muscle presented hallmarks of FSHD histopathology, including muscle degeneration, capillary loss, fibrosis, and atrophy. We investigated the transcriptional profile of whole muscle as well as endothelial cells and fibroadiopogenic progenitors (FAPs). Strikingly, differential gene expression profiles of both whole muscle and, to a lesser extent, FAPs, showed significant overlap with transcriptional profiles of MRI-guided human FSHD muscle biopsies. These results demonstrate a pathophysiological similarity between disease in muscles of iDUX4pA-HSA mice and humans with FSHD, solidifying the value of chronic rare DUX4 expression in mice for modeling pathological mechanisms in FSHD and highlighting the importance FAPs in this disease.

Walmart, JD.com, IBM, and Tsinghua University National Engineering Laboratory for E-Commerce Technologies announced today they will work together in a Blockchain Food Safety Alliance that will kick off with a collaboration designed to enhance food tracking, traceability and safety in China, to achieve greater transparency across the food supply chain.

IBM (NYSE: IBM) presentó IBM Spectrum Storage, una nueva oferta de software de almacenamiento diseñada para cambiar la economía del almacenamiento mediante una capa de software inteligente. El nuevo software IBM crea una “huella de datos” eficiente que dinámicamente almacena cada bit de información a costo óptimo, maximizando rendimiento y garantizando la seguridad.

IBM anunció dos nuevas soluciones de almacenamiento empresarial completamente basadas en tecnología flash, las cuales ofrecen avanzada eficiencia e incremento en desempeño, así como una sobresaliente confiabilidad para ayudar a reducir costos, y acelerar infraestructuras y aplicaciones con manejo intensivo de datos.

IBM met à l’honneur 35 femmes exceptionnelles issues de 12 pays, alors qu'une nouvelle enquête mondiale démontre les bénéfices de la diversité pour l'IA - en notant que du travail reste à faire pour combler l'écart entre les genres.

rickowensonline:

LAS PALMAS AVE, HOLLYWOOD, 2002

This device is FDA-cleared for US sales, US patented and patent pending in other countries, and medically certified in Europe. It treats oncologic and neuropathic pain through a biophysical rather than biochemical approach. The non-invasive device is designed to create self-like neurons by applying surface electrodes to the skin to simultaneously treat multiple pain areas.

The 2019 Farmers' Almanac is available for pre-order! (Ships August 13th)

Start each day of your outdoor adventure with a piping hot cup of coffee or tea in one of our Farmers' Almanac Campfire Mugs. Each mug is 14 ounces, made out of lightweight but sturdy steel, and can be used to sip your favorite drink, or eat baked beans by the fire.

go to the CTI web site

The White House is expected to inform Gov. Cuomo of Trump’s bailout support Friday afternoon.

The White House is expected to inform Gov. Cuomo of Trump’s bailout support Friday afternoon.

The White House is expected to inform Gov. Cuomo of Trump’s bailout support Friday afternoon.

Olivier Rousteing references his Bordelaise upbringing with equestrian motifs, luxe leather and a cadre of capes.

Thelma Schoonmaker began working with Martin Scorsese in 1967. Over the years, she says, it has become more of a collaboration.

Edelman, 33, also said he has attended synagogue during the football season.

Hilma af Klint didn't invent abstract art, but her stature today reflects something more important

KILMARNOCK host Rangers in the Scottish Premiership today and Express Sport is on hand with all the live stream and TV information.

RANGERS boss Steven Gerrard has played down his side’s chances of winning the league despite a stoppage-time winner in their season opener.

Rangers take on Kilmarnock in the Scottish Premiership on Wednesday night, with Steven Gerrard looking to keep within touching distance of rivals Celtic. Express Sport delivers you all of the team news for the Gers, as well as the predicted line up for the clash, as Ryan Jack returns from injury.

Kilmarnock host Rangers in the Scottish Premiership today and Express Sport is on hand with all the live stream and TV information.

Celtic host Kilmarnock in the Scottish Premiership today and Express Sport is on hand with all the live stream and TV information.

Florida Georgia Line, Nelly, Cole Swindell and more will play the inaugural FGL Fest at Indianapolis Motor Speedway.

Founder of the Khan Academy, Salman Khan, wants to make a world class education available to everyone.

For the past few months, the nation’s largest employer has begun evaluating workers using an experimental tool: virtual reality.

Walmart, the nation's largest employer, announced a partnership with Nuro, a Silicon Valley startup called this week. The two companies will begin delivering groceries to customers in Houston this year using autonomous vehicles.

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. 

If you aren't yet a subscriber to Wall Street Insider, you can sign up here.

For certain corners of Wall Street, dealmaking is happening faster than ever. While M&A activity has plunged, bankers primed to help companies navigate the financial fallout, especially restructuring and debt-raising specialists, have been crushed with demand.

Alex Morrell took a look at how top bankers — known for putting in long hours curating a white-glove experience for clients — are finding they can still provide service from afar. It turns out, when you take away the time spent at airports and restaurants, and when Zoom calls can be arranged in minutes, things can move at lightning speed. 

Read the full story here: 

'Stunning efficiency': How remote dealmaking could mean a permanent lifestyle change for some bankers

Meanwhile, it's been a tale of two approaches to job cuts in recent days. On Tuesday, Airbnb CEO and cofounder Brian Chesky emailed staff about sweeping layoffs that were impacting 1,900 people, highlighting where the company will focus in the future and what exit packages employees should expect. You can read the full email here. 

Over at WeWork, things have been rolling out gradually. Meghan Morris and Dakin Campbell wrote about a leaked WeWork document that revealed a huge reorg under way for people who manage its buildings. Here's how the new structure works — and the complex process for staff to save their jobs. Alex Nicoll and Meghan also reported that Flatiron School has slashed at least 100 jobs, building on their scoop last week that WeWork started making cuts in several key departments, with IT alone losing some 200 jobs. 

Keep reading for a preview of changes in store for Bloomberg terminals, a rundown of Blackstone's giant commercial real estate business, and a look at how PIMCO stocked up with $5.5 billion for private-credit strategies since the beginning of the year.

Have a safe and healthy weekend, 

Meredith 

Inside Blackstone's massive CRE business

Blackstone is the largest commercial real-estate investor in the world, with $160 billion in investor capital. Alex Nicoll chatted with Blackstone real estate's three heads of acquisition, and its head of debt origination, to learn more about their business. 

They spoke about some of their most interesting deals, and why Blackstone's global scale and thematic investing style is a huge advantage. 

Read the full story here: 

Meet the 4 dealmakers driving Blackstone's $325 billion commercial real estate portfolio. They walked us through how they're thinking about opportunities in the downturn.

A Facebook office deal is a key test 

The coronavirus crisis has thrown into question whether tenants will ever occupy office space the same way again as companies and workforces around the world grow accustomed to remote work.

Facebook has been in negotiations for months to lease over 700,000 square feet at the Farley Building on Manhattan's West Side. The rapid expansion of tech in recent years has propelled the city's office market, and Dan Geiger spoke with real-estate execs who laid out why Facebook's deal is a key barometer. 

Read the full story here:

A blockbuster Facebook office deal is a make-or-break moment for the future of commercial real estate. 3 leasing experts lay out the stakes.

Coming soon to a terminal near you

As remote work becomes a long-term reality, a technology staple of Wall Street is in store for a makeover. Mark Flatman, global head of core terminal at Bloomberg, told Dan DeFrancesco that the financial technology giant is considering ways to revamp its ubiquitous terminal.

One particular area of focus for Flatman and his team has been screen space, as many customers aren't working with the typical four-screen display. Another area that has gotten increased attention is mobile, where usage has jumped. 

Read the full story here: 

Bloomberg is eyeing big changes to its iconic terminals to make work-from-home easier. The exec leading its strategy laid out how he's rethinking screen space and mobile features.

A new pile of cash for private credit

Industry observers expect a surge in interest in specialized credit shops that have proven to be winners in distressed situations. And Bradley Saacks revealed how PIMCO has tapped into that demand, with sources saying that the fixed-income giant has raised $5.5 billion in private-credit strategies since the beginning of the year.

PIMCO's nearly $4 billion Tactical Opportunities fund lost roughly 15% in March, but was able to avoid forced selling, sources tell Business Insider, and even added to positions in the month. That fund alone has raised $250 million — and is just one of several private-credit funds that PIMCO has raised money for.

Read the full story here: 

PIMCO has raised $5.5 billion for private-credit funds despite a hellacious March — and is telling investors it's the best opportunity in a decade

A tax break for big companies with heavy debt

But some tax experts are concerned that the tax break is too indiscriminate: In addition to helping troubled companies, they say, boosting tax deductions on interest payments is going to give a lift to companies that aren't being hurt by the pandemic, or whose problems have nothing to do with the coronavirus. 

Read the full story here:

A $13 billion tax break tucked into the coronavirus stimulus plan will save some big companies tens of millions — even if they aren't ailing. Here's how it works and who could benefit.

On the move

Dakin Campbell reported that Goldman Sachs has hired the distressed-situations and bankruptcy expert Kurt Hoffman as a managing director in a business that handles one-off loans for clients. The move comes just as industries battered by the economic shutdown are in need of emergency financing. 

Investing and hedge funds

• SoftBank's brutal treatment of WeWork founder Adam Neumann shows that it has given up any hope for Silicon Valley and it's leaving a scorched landscape in its wake
• April hedge fund performance numbers are in — here's how big names like Third Point and Renaissance turned things around after a rough March
• WeWork pain is still hitting mom and pops' mutual funds as managers like Fidelity slash valuations further
• 'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach
• Steve Cohen's former right-hand man is launching his own fund. Here's everything we know about Tom Conheeney's EmeraldRidge Advisors.
• A data 'super contango' makes oil the new data, not the other way around. Here's why.

Careers

• Deloitte is delaying many of its full-time hires and switched summer internships to a 2-week online intro course. Here's everything we know.
• Jobs for thousands of young consultants are being upended. From delaying start dates to cutting internships, here's what 8 top firms are doing.
• Investment manager TIAA is offering 75% of its US employees buyouts and some could get their full salaries for nearly 2 years

Real estate 

• The CEO of real estate heavy-hitter Eastdil explains the types of deals that are must-do right now — and warns that a 'de-retailing' trend is set to accelerate
• Inside the drama over control of the iconic Chrysler Building: A real-estate tycoon and a prestigious college are renegotiating a critical $150 million deal

Fintech and e-commerce

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