Welcome to The Brink. I’m Giulia Morpurgo, a reporter in London, where I have been looking into the headwinds that French private medical labs face. We also have the latest on bankrupt retailer Claire’s, Altice Portugal’s reorganization and Puerto Rico’s bankruptcy. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.

Big investors are being sounded out on a plan for World Liberty Financial, the Trump family-backed venture, to set up a public company that would hold its WLFI tokens, joining the boomin digital-asset treasury firms.

The private equity industry has a novel bedfellow in a White House executive order that will pave the way for American workers’ 401(k) savings to go beyond stocks and bonds.

Indiana Fever star Sophie Cunningham spoke out against it. Minnesota Lynx Coach Cheryl Reeve decried it for sexualizing women, saying “it’s not funny.” The American Gaming Association calls it “deeply problematic.”

A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be decided by regulators appointed by President Donald Trump, who has been a vocal supporter of digital currencies.

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.

The Trump administration is considering selling shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to senior administration officials.

The Trump administration is seeking more than $1 billion from the University of California at Los Angeles in exchange for releasing $584 million in federal research funding that the US froze last week.

Broadcaster Nexstar Group Inc., the largest TV station operator in the US, is in talks to acquire competitor Tegna Inc., according to a person with the knowledge of the matter.

Figma Inc. has taken investors who pounced on the year’s hottest initial public offering for a wild ride, shedding $21 billion from a peak in the days following its record-breaking IPO.

Danish energy firm Orsted A/S is considering raising as much as €5 billion ($5.8 billion) from a rights offering to shore up its finances, according to people familiar with the matter.

Tata Consultancy Services Ltd. must face a retaliation claim from a whistleblower who alleges the company deprived the US government of funds by misrepresenting its foreign workers seeking visas.

Spinnaker Insurance Co. and its adjuster Cowbell Cyber Inc. must face a law firm’s lawsuit alleging the cyber insurance companies breached a contract by failing to pay the $1 million policy limit to indemnify the firm for losses arising from a cyber-security incident.

Refresco Beverages’ $650,000 deal to settle an employee’s class action following a cyberattck on the company’s computer systems received preliminary approval from a federal judge.

Direct Digital Holdings Inc.'s rosy statements about its online advertising business prospects don’t support a securities fraud suit over its transition to “cookie"-less user identification systems, a federal court ruled.

A consumer dropped his proposed class action alleging the University of Massachusetts Dartmouth negligently failed to protect the personal information of more than 75,000 people exposed in a data breach.

Litigation boutique Hueston Hennigan is the latest law firm to hand out summer bonuses to its associates.

A recent breach of Columbia University’s computer systems compromised personal information of about 870,000 people, including students and applicants, according to the school’s reports to state officials in the US.

Amazon.com Inc. will try to convince a panel of Ninth Circuit judges that the National Labor Relations Board shouldn’t be allowed to pursue an enforcement action against the e-commerce giant because its officials are unconstitutionally protected from being fired.

The “Velvet Hammer” stood before his sentencing judge in June and gave a statement worthy of his reputation: Deliberate, calm, and painstakingly careful not to cross the line into an admission of guilt.

A federal appeals court on Friday revived a slew of claims from Texas doctors who allege they were underpaid by Blue Cross Blue Shield-affiliated plans.

Michael Madigan (D), whose formidable tenure as Speaker of the Illinois House ended amid a federal corruption investigation, must report to prison while he appeals his convictions, a Chicago federal judge ruled Friday.

William Webster, the only person to lead both the Federal Bureau of Investigation and the Central Intelligence Agency and, very briefly, the first head of the US accounting oversight board, has died. He was 101.

The Department of Justice is investigating New York Attorney General Letitia James over the $454 million civil fraud case she won against President Donald Trump before he was elected.