Setting the GPS for CIRO’s annual priorities

The Canadian Investment Regulatory Organization (CIRO) has published its 2027 Annual Priorities, emphasizing completion of integration initiatives and continued advancement of its broader strategic objectives. Key priorities include: finalizing a harmonized rulebook for investment dealers and mutual fund dealers; completing CE harmonization; advancing adviser compensation reforms by consulting on and finalizing rule amendments relating to an incorporated adviser compensation option to submit to the Canadian Securities Administrators (CSA) for review…

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Oklahoma Extends Citation Deadline for Public Employer Fatality Investigations

Quick Hits Oklahoma has amended its occupational safety and health citation rule to allow the ODOL to issue citations against public employers more than six months after an alleged violation when that violation arises from a fatality investigation or when third-party conduct caused the delay. The amendment takes effect July 11, 2026, and applies to state and local government employers covered by Oklahoma’s public employee occupational safety and health program.…

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FSRA’s new Operational Risk and Resilience Guidance for Ontario insurers

On June 8, 2026, the Financial Services Regulatory Authority of Ontario (FSRA) issued its Operational Risk and Resilience Guidance (PC0050APP) for Ontario-incorporated insurance companies and reciprocal insurance exchanges (collectively, Ontario insurers). The guidance, which sits under FSRA’s Risk-Based Supervisory Framework (RBSF-I), marks an escalation in supervisory focus on cyber threats, data vulnerabilities, third-party dependencies, and climate exposure. While adoption of the guidance’s principles is not mandatory, FSRA has indicated that an…

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What Critics Get Wrong About Dual-Class Shares

This commentary was originally published in Fortune. The views expressed are the author’s own.The recent high-profile IPO of SpaceX, which famously utilizes dual-class shares to give Elon Musk nearly 85% control, has reignited debate over dual-class shares themselves, and whether they hurt or help shareholders.Some of the most revered and successful business builders have dual-class share structures at their companies, from Michael Dell at Dell to Warren Buffett at Berkshire…

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Minor Errors in German Mass Layoff Notices Do Not Automatically Invalidate Terminations

Quick Hits When reviewing a mass layoff notice, the focus must generally be on the purpose of the notification procedure. Stating a number of employees to be laid off that is slightly too high in the mass layoff notice does not automatically render the notice invalid. The Case The employee worked as a machine setup technician and operator for a key manufacturer and machine builder. The employer became insolvent in…

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Still fit for purpose? Upgrading our economic models for an age of uncertainty

10 July 2026By Matteo Ciccarelli and Antoine KornprobstThe ECB is upgrading its economic modelling to cope with growing uncertainty in a time of war and energy shocks. This ECB Blog highlights the limitations of the current toolkit and looks at where modelling is now heading. Galileo famously wrote that the book of nature is written in the language of mathematics. And modern physics has gone on to describe the motion…

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Soft Power in a Post-Hegemonic World: Conceptual Crisis and New Actors of Cultural Influence

Tomorrow’s cultural diplomacy may be much less the work of states and specialised institutions and far more the domain of algorithms, platforms, and millions of individual users who never imagined themselves as practitioners of diplomacy. Cultural influence, then, is not disappearing—it is simply channelling itself through increasingly informal routes, writes Valdai Club Programme Director Anton Bespalov. Cultural exchange has long accompanied political and economic interactions between states, yet it was…

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Why Publisher operating models must evolve

Publishers have diversified their commercial models. Their operating models haven’t kept pace. As publishers expand beyond traditional advertising and subscriptions, their operating models are becoming increasingly complex. This report explores how leading media organisations are responding by creating greater clarity over content, capabilities and governance, helping them unlock commercial value while avoiding unnecessary organisational complexity in a rapidly evolving publishing landscape. Reading time: 2 minutes How can publishers adapt their…

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New York Case Challenges Enforceability of “Deed in a Box” Delivered in Connection with a Forbearance Agreement

A recent opinion by Justice Andrea Masley of New York County Supreme Court (Commercial Division) has meaningful implications for how lenders may consider structuring forbearance arrangements involving New York City real property. In Shanghai Commercial Bank Ltd. v. New Tent, LLC, the lender commenced suit against borrowers for breach of a Forbearance Agreement in connection with a $34 million loan secured by real property in midtown Manhattan, entered into following…

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Trump Administration Aims to Eliminate a Record Number of Regulations

The Spring 2026 deregulation plan incorporates, for the first time, the regulatory plans of independent agencies, now subject to White House coordination following the Supreme Court of the United States’ June 29, 2026, decision expanding presidential removal power. Among the 702 targeted rules are environmental review requirements for energy projects, energy efficiency standards, rules that promote diversity, equity, and inclusion (DEI), and specific deregulatory actions relevant to the federal contracting…

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CMU Researchers Build Missing Infrastructure to Move AI Between Robots

Robotics researchers often spend weeks, or even months, simply getting a new robot up and running before they can begin testing new behaviors. Researchers in the Carnegie Mellon University School of Computer Science(opens in new window) have developed an open-source software framework designed to eliminate much of that setup work, making it easier to deploy AI systems across different robots without rebuilding software from scratch.The framework, called Robot I/O(opens in…

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Kate Heilpern: Redefining the Hospital’s Role

Howie and Harlan are joined by Kate Heilpern, president of Yale New Haven Hospital, to discuss the hospital’s 200-year history, the financial pressures facing health systems, and how Yale New Haven is balancing innovation with its mission to serve the local community. Harlan examines the growing burden of U.S. healthcare costs; Howie highlights encouraging trends in infant mortality, life expectancy, overdose deaths, and cancer survival. Show notes: Healthcare Costs “National…

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Carnegie Mellon’s Richard King Mellon Hall of Sciences Enters New Phase of Construction

On a sunny June afternoon, the Richard King Mellon Hall of Sciences(opens in new window) entered its next phase of construction as the last steel beam was hoisted into place, “topping off” the facility’s structural phase.“The Richard King Mellon Hall of Sciences is a bold investment in the future of science, and will serve as a hub for discovery, collaboration and learning,” Carnegie Mellon President Farnam Jahanian says of the project.…

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Not In My Backyard: First Circuit Limits Rhode Island’s Ability to Regulate Dealer Activity in Other States

In a significant July 6, 2026 decision, the U.S. Court of Appeals for the First Circuit held that Rhode Island cannot constitutionally require a motor vehicle manufacturer to notify its Rhode Island dealer and provide an opportunity to protest before establishing a new dealership in Massachusetts.[1] The court concluded that applying Rhode Island’s dealer-protection statute in that manner would violate the Dormant Commerce Clause because it would directly regulate an…

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New York Professor Denied Tax Withholding for Out-of-State Pandemic Remote Work

Quick Hits A New York appellate court found that a pandemic-related office closure does not exempt nonresident employees from New York income tax on out-of-state earnings. The court found that the nonresident employee’s full income was taxable under the state’s convenience of the employer rule because the nonresident employee’s out-of-state remote work situation during the pandemic was not due to the employer’s necessity. The court further rejected constitutional claims to…

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Ten organisations carried out half of all animal research in Great Britain in 2025

99% of procedures carried out in mice, fish, rats, and birds82% of procedures caused pain equivalent to, or less than, an injection69 research institutions and funders have proactively shared their 2025 animal research statisticsUnderstanding Animal Research (UAR) has published a list of the ten organisations, which includes the University of Manchester,  that carried out the highest number of animal procedures – those used in medical, veterinary, and scientific research –…

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Education Exports and the Competition for Minds

On 8 July, the Moscow venue of the Valdai Club hosted a discussion entitled “Russia’s Role in International Educational Mobility”. Moderator Oleg Barabanov noted that the issue of attracting foreign undergraduate, Master’s-level, and doctoral students to Russian universities is becoming increasingly significant. The President of Russia has set an ambitious target—to increase the number of international students studying in Russia to 500,000 over the medium term. Achieving this goal will…

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Safeguarding Regional Neutrality and Eurasian Connectivity in the South Caucasus

While building effective coordination between Russia and China will require sustained effort to manage differences, the rewards are immense: a peaceful South Caucasus will contribute to Eurasian security and prosperity, and advance a more just, multipolar global order, Peng Bo writes. The 8th Summit of the European Political Community, held on 4 May 2026 in Yerevan, Armenia, has thrust the South Caucasus back to the centre of global geopolitical competition.…

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Seyfarth Further Strengthens Corporate Practice with Addition of Kristin Rice-Gonzalez as Partner in Chicago

July 8, 2026 – Seyfarth Shaw LLP continues the strategic growth of its Corporate department with the addition of Kristin Rice-Gonzalez as a partner in the firm’s Chicago office. Rice-Gonzalez is the 12th Corporate partner to make a lateral move to Seyfarth since the start of 2025 – and the fourth since the beginning of 2026. She follows Robert Giacchetti (Boston), Jeffrey Cash (Dallas), and Daniel Valsamopoulos (New York), who joined…

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Germany’s 2026 Labor Law Reforms: A Program for Growth and Employment?

Quick Hits The German government’s governing coalition issued a reform package that includes labor and employment law proposals that would relax dismissal protections for top earners, provide tax benefits on severance payments for individuals who quickly take up new employment, and eliminate telephone-based sick leave certifications. The reform package would also allow fixed-term employment contracts without objective grounds for up to forty-eight months and to be extended up to six…

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Fujitsu Joins CMU Robotics Innovation Center

Carnegie Mellon University's Robotics Innovation Center(opens in new window) (RIC) welcomed global technology company Fujitsu Limited as its latest corporate tenant in the university’s robotics and artificial intelligence research facility at Hazelwood Green.The move builds on nearly 30 years of collaboration between Carnegie Mellon and Fujitsu and expands the company’s presence in Pittsburgh.Fujitsu will expand its Pittsburgh operations to the RIC as part of the recently announced Fujitsu-Carnegie Mellon Physical…

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New York Court of Appeals Clarifies Prevailing Wage Requirement

Quick Hits The New York Court of Appeals clarified that, pursuant to New York Labor Law § 220, contractors on public projects in New York must pay prevailing wages even if the contract does not promise to pay prevailing wages. The court found that any agreement in a public works contract to shorten the statute of limitations governing third-party claims for prevailing wages is not enforceable. Prevailing wages may apply…

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IESO’s Long-Term 2 RFP – Window 2: Key developments and emerging issues

The Independent Electricity System Operator (IESO) is shaking up the requirements under Window 2 of its Long-Term 2 (LT2) Request for Proposals. Recent engagement sessions signal several important developments for proponents, including expanded eligibility for repowered facilities, potential increases to proposal fees, the possibility for domestic content commitments, and being required to be in “good standing.” While subject to change, the IESO expects to publish draft RFPs and contracts in…

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Competing Strategic Corridors and the Politics of Economic Integration in a Fragmenting World Order

The international system has undergone profound structural transformations marked by great power competition, rising protectionism, and growing uncertainty concerning traditional globalisation. Recurrent disruptions in global supply chains have further pushed states to rethink trade routes, infrastructure networks, and economic dependencies. Within this context, strategic corridors have emerged as key geoeconomic instruments for reshaping global economic geography. They are no longer limited to infrastructure or trade facilitation, but increasingly serve to…

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Researchers identify opioids with highest risk of respiratory depression

Even moderate doses — as low as 31 to 60 MME per day — were linked to a measurable increase in risk of respiratory depression.Additionally, the combination of opioids and gabapentinoids, such as gabapentin and pregabalin, was associated with a further increased risk in respiratory depression.Fentanyl’s high potency and rapid brain uptake help explain why it suppresses breathing more abruptly than other opioids.Oxycodone’s role in opioid‑related deaths in North America…

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The EEOC’s Regulatory Agenda: 10 Signs of Intent

Specifically, the EEOC identified ten actions it intends to pursue, including regulatory proposals to rescind the Uniform Guidelines on Employee Selection Procedures (UGESP), eliminate the annual EEO-1 report, and withdraw long-standing interpretive guidance on affirmative action and national origin discrimination. The EEOC’s regulatory agenda, as released in its latest submission in the federal Unified Agenda of Federal Regulatory and Deregulatory Actions, is a statement of the agency’s intent, but is…

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Navigating a complaint from the College of Veterinarians of Ontario (CVO): A practical guide for veterinarians

From time to time, a veterinarian may receive notification of a complaint from the College of Veterinarians of Ontario (CVO) on behalf of a client. Under the Veterinarians Act (Act), the CVO is responsible for receiving, investigating, and acting on complaints made against veterinarians, whether they practise in a veterinary clinic, mobile practice, or provide care for farm animals. For a veterinarian, receiving a complaint can be stressful, but a…

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K-12 Teachers Explore Experiential Learning Through CMU Summer Camp

A new weeklong event brought K-12 teachers to Carnegie Mellon University’s campus to foster curiosity and discovery as they transform their students into future-ready innovators.Hosted by CMU’s Leonard Gelfand Center for Service Learning and Outreach(opens in new window), the inaugural Teacher Summer Camp reflects Carnegie Mellon’s broader commitment to supporting K–12 educators and strengthening the region’s educational ecosystem. By investing in teacher professional development, CMU extends the impact of its expertise…

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Selwyn Rogers: Bearing Witness to Violence (Encore)

Transcript Harlan Krumholz: Welcome to Health & Veritas. I’m Harlan Krumholz. I’m here with Howard Forman. We’ve got a special episode today. It actually reprises something that we did before because we talked a lot with Selwyn Rogers about his book and now it’s coming out. But I’m going to hand it over to Howie who’s going to tee this up for us.Howard Forman: Yeah, we’re really excited about this.…

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Manchester-led research shows how the cultural sector can accelerate city climate action in cities

Liverpool’s year as the first UN Climate Change Accelerator City has shown that the cultural sector can be a powerful driver of climate action, but cities need the right expertise, data, governance and infrastructure to deliver lasting change, according to a new report.The evaluation, led by researchers at The University of Manchester’s Tyndall Centre for Climate Change Research and Centre for Climate Change and Social Transformations (CAST), analysed nine real-world…

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Climate factors: how the ECB tackles climate uncertainty in its collateral framework

7 July 2026By Dirk Broeders and Daniel GybasThe ECB is now addressing potential financial losses linked to climate change in its collateral framework. Its new climate factors ensure that firms’ vulnerability to transition shocks are considered when assessing the value of corporate bonds used as collateral in lending to banks.On 15 June 2026 the ECB introduced climate factors into its collateral framework. This means that uncertainties related to climate change…

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Swimming Between Whales: The Hidden Strategic Costs of Geopolitical Conflict for Small Powers

While OPEC+ and the US may be the two whales of global oil markets, ASEAN is not a third whale. Its countries are a school of smaller fish swimming between them. They do not get to decide how the whales move. What they can decide is how we swim: not locking onto one whale’s wake, but staying agile enough to shift when the current changes, Tu Anh Tuan writes. On…

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EEOC’s Draft Strategic Plan for FY 2026-2030 Comment Period Closes July 19, 2026  

Quick Hits The EEOC released a draft strategic plan for FY 2026–2030 on July 1, 2026, with public comments due by July 19, 2026. The draft narrows or removes several priorities carried over from the current FY 2022–2026 plan, most notably around systemic enforcement, the agency’s own diversity-related workforce commitments, and AI in hiring. Employers may wish to review the draft now, since it signals how the Commission intends to…

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Too Many Pro-Democracy Groups Are Weakening the Cause

This commentary was originally published in Time. The views expressed are the author’s own.The movement to strengthen democracy in America is not struggling because its enemies are too strong. It is hobbling because its friends are too many.I have spent decades inside the machinery of social action movements. I have convened rival cancer organizations under a single coalition, mobilized over a thousand corporations to withdraw from Russia after the invasion…

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NSF awards $10M for Next-Generation Supercomputer at Pittsburgh Supercomputing Center

The National Science Foundation (NSF) has awarded funding for Bridges-3, the next-generation flagship supercomputer at the Pittsburgh Supercomputing Center(opens in new window), expanding access to advanced computing resources that enable breakthroughs across science, engineering, medicine and artificial intelligence. Backed by a $10 million NSF award, the Pittsburgh Supercomputing Center — a joint research center with Carnegie Mellon University and the University of Pittsburgh — will build the new system to meet growing…

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Universities must rethink how they prepare students for an AI-powered world, study argues

Universities need to rethink how they teach, assess and prepare students for employment as artificial intelligence becomes an increasingly important part of everyday life and work, according to a new study from The University of Manchester.The paper argues that AI is changing how people learn, work and make decisions, and that universities need to adapt to this new reality.The study suggests universities should move beyond concerns about plagiarism and chatbot…

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Winners of the 2026 Ideas with Impact Awards Announced: Meet the donor-funded entrepreneurs driving impact through innovation

We are delighted to introduce this year’s winners and their ventures –  £100,000 – SwiftCas Diagnostics We have developed simple, fast diagnostic tests that use CRISPR programmable nuclease technology to identify infections caused by a wide range of infectious agents, especially bacteria. Our approach can be easily adapted to detect different diseases, making it highly flexible. CRISPR diagnostic tests are accurate, affordable, and rapid. These tests will help doctors diagnose infections and make informed treatment decisions within hours of assessing a…

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France’s Eastward Pivot: A New ‘Cordon Sanitaire’?

France’s growing activity on NATO’s eastern flank represents a long-term shift in its foreign policy and reflects a particular emphasis on relations with Poland, even though the project being advanced by Paris faces a number of fundamental limitations, argues Aleksei Chikhachev, Associate Professor at the Department of European Studies, School of International Relations of Saint Petersburg State University, Leading Expert at the Center for Strategic Studies, Institute of Foreign Economic…

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