Articles

  • 1 day ago | wsj.com | Alicia McElhaney

    The genetic-testing business will sell for at least $305 million after bidders agree to new sale rulesJune 4, 2025 9:41 pm ET|WSJ Pro23andMe has a path to a higher purchase price than the $256 million offered by biotech giant Regeneron after the genetic-testing company’s former chief executive pushed a bankruptcy court to reopen its sale process.

  • 1 day ago | wsj.com | Alicia McElhaney

    The genetic-testing business will sell for at least $305 million after bidders agree to new sale rulesJune 4, 2025 9:41 pm ET|WSJ Pro23andMe has a path to a higher purchase price than the $256 million offered by biotech giant Regeneron after the genetic-testing company’s former chief executive pushed a bankruptcy court to reopen its sale process.

  • 2 weeks ago | wsj.com | Alicia McElhaney |Alexander Gladstone

    The top lender, advised by law firm Paul Weiss, is in discussions to take over the aluminum wheel maker struggling with auto parts tariffsMay 22, 2025 8:28 pm ET|WSJ ProOaktree Capital Management is in discussions with aluminum wheel maker Superior Industries International about a potential takeover of the business. The group of lenders led by Oaktree, holders of the company’s senior secured debt, is working with Paul Weiss as its legal adviser, according to people with knowledge of the matter.

  • 2 weeks ago | wsj.com | Alicia McElhaney |Alexander Gladstone

    The top lender, advised by law firm Paul Weiss, is in discussions to take over the aluminum wheel maker struggling with auto parts tariffsMay 22, 2025 8:28 pm ET|WSJ ProOaktree Capital Management is in discussions with aluminum wheel maker Superior Industries International about a potential takeover of the business. The group of lenders led by Oaktree, holders of the company’s senior secured debt, is working with Paul Weiss as its legal adviser, according to people with knowledge of the matter.

  • 2 weeks ago | wsj.com | Alicia McElhaney |Alexander Gladstone

    The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of courtMay 20, 2025 4:55 pm ET|WSJ ProWolfspeed is preparing to file for bankruptcy within a matter of weeks as the publicly traded chip component maker struggles to address its debt pile, according to sources familiar with the matter.

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Alicia McElhaney
Alicia McElhaney @AliciaMcElhaney
7 May 25

Perhaps even worse: some university professors are also secretly using ChatGPT to create and grade assignments. It's not exactly motivating for students to receive graded papers riddled with AI-related errors. Why even try to complete assignments on your own?

New York Magazine
New York Magazine @NYMag

In only two years, ChatGPT and the surge of AI-generated cheating from college students it has created have unraveled the entire academic project. https://t.co/F3YGG9xCXo

Alicia McElhaney
Alicia McElhaney @AliciaMcElhaney
6 May 25

Babcock & Wilcox $BW is negotiating with bond holders to trim down its $500k in debt.

WSJ Pro Bankruptcy
WSJ Pro Bankruptcy @WSJBankruptcy

Energy installation and technology company Babcock & Wilcox is working with investment bank Evercore and law firm O’Melveny & Myers to explore options for its debt stack https://t.co/wyxP44JanP

Alicia McElhaney
Alicia McElhaney @AliciaMcElhaney
1 May 25

RT @NYCTSubway: You may wait longer for a Forest Hills-71 Av-bound M/R train while they share the tracks with rerouted trains. LIRR is cro…