Prediction Market Rivals Kalshi and Polymarket Seek $20 Billion Valuations
Two competing prediction market platforms are pursuing roughly $20 billion valuations as they compete for market dominance.
Two competing prediction market platforms are pursuing roughly $20 billion valuations as they compete for market dominance.

Kirkland & Ellis achieved record partner compensation despite broader private equity market downturn affecting legal industry.
BP has implemented a lockout of union workers at its oil refinery in Indiana, escalating a labor dispute at the Midwest facility.
French corporate services company Sodexo saw its stock price decline after reporting weaker-than-expected earnings and lowering its fiscal 2026 guidance.
Stephen Smith has agreed to purchase a 26.9% stake in The Economist publication from the Rothschild family.
Blue Owl Capital triggered the insolvency of a UK mortgage lender after discovering financial irregularities during its oversight.

The Consumer Financial Protection Bureau ended certain lending industry requirements under the Equal Credit Opportunity Act.
Peter Mandelson received more than £1.5 million from his stake in Global Counsel, an advisory firm that has collapsed.

Cosmetics giant Estée Lauder has filed a lawsuit against perfumer Jo Malone for alleged breach of contract.

Lululemon's interim leadership works to boost sales while founder Chip Wilson launches proxy battle for board seats.
Mixed earnings results show Delta Air Lines experiencing broad-based travel demand growth while alcohol company Constellation Brands faces continued weakness.

Warren Buffett's Berkshire Hathaway has resumed its share repurchase program according to recent regulatory filings.

Lego navigates higher costs from war while CEO criticizes proposed Danish wealth tax policy.

Red Lobster is experiencing mounting losses and cash flow issues, potentially requiring tens of millions in additional funding to continue operations.
A property advice column tackled questions about tenant cooperation during viewings and mortgage challenges for overseas government workers.
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