SpaceX aborts Starship Flight 13 launch attempt

Source: Space News

“SpaceX aborted the launch of its latest Starship test flight July 16 when some of the vehicle’s engines failed to ignite. Starship was scheduled to lift off on the Flight 13 mission from the company’s Starbase, Texas, test site at 6:45 p.m. Eastern. However, the launch was aborted just as Raptor engines in the Super Heavy booster ignited. SpaceX said moments later that it was calling off the launch attempt for the day.” (07/16/26)

https://spacenews.com/spacex-aborts-starship-flight-13-launch-attempt/

Trump’s “All Stick, No Carrot” Iran Policy Has No Exit

Source: Antiwar.com
by Greg Pence

“The ceasefire was supposed to mark the beginning of the end of a crisis. Instead, it quickly became a symbol of strategic failure. With renewed clashes in the Strait of Hormuz, fresh U.S. strikes on Iranian military targets, and Tehran’s retaliation, the last hopes that the Donald Trump administration could manage the Iran crisis through negotiations have collapsed. What remains today is not a clear path toward an agreement, but a return to the familiar instruments that have defined U.S. policy for years: economic pressure, military threats, and the use of hard power.” (07/16/26)

https://original.antiwar.com/greg_pence/2026/07/15/trumps-all-stick-no-carrot-iran-policy-has-no-exit

Credibility crisis: Graham Platner received glowing media coverage before dramatic exit from Senate race

Source: Fox News
by Joseph A Wulfsohn

“Before Graham Platner’s dramatic exit from the Maine Senate race last week, the Democratic hopeful received glowing coverage from the legacy media that pushed the narrative that he was a salt-of-the-earth oyster farmer who could win back male voters and unseat longtime Republican incumbent Susan Collins. Now out of the race after multiple scandals, including a rape allegation from a former girlfriend that he’s denied, the friendly coverage he received is getting a second look.” (07/16/26)

https://www.foxnews.com/media/credibility-crisis-graham-platner-received-glowing-media-coverage-dramatic-exit-senate-race

EU court upholds Spanish amnesty law as compatible with EU law

Source: Al Jazeera [Qatari state media]

“A Spanish ⁠law granting amnesty to those involved in Catalonia’s separatist drive does not violate European Union ⁠law, the EU’s top court says, in a boost to the Spanish government and its Catalan ⁠allies. The Court of ⁠Justice ruled on Thursday that EU law does not ⁠preclude the Spanish amnesty law because its adoption and application fall within the competence of member states. … In 2024, the Spanish lower house approved a law to annul the criminal records of hundreds of officials and activists involved in crimes related to the Catalonian secessionist push from 2011.” (07/16/26)

https://www.aljazeera.com/news/2026/7/16/eu-court-upholds-spanish-amnesty-law-as-compatible-with-eu-law

“Speed to Power” doesn’t require a utility monopoly

Source: Niskanen Center
by Rachel Levine & Zachary Norris

“If policymakers are serious about ‘Speed to Power,’ they should focus on permitting reform. Yet a coalition of utilities has repackaged a longstanding argument that the best way to speed up transmission development is to curtail competitive bidding for transmission projects in the Midwest and Plains. Their proposal overlooks both the driving causes of project slowdowns and the many benefits of competition.” (07/16/26)

https://www.niskanencenter.org/speed-to-power-doesnt-require-a-utility-monopoly

Drugs Keep Winning in the Global War on Drugs

Source: Reason
by Niko Vorobyov

“Late last month, the United Nations published its annual World Drug Report, chronicling the latest developments in the global war on drugs. Not only are the drugs winning that war, but there are greater quantities and more varieties of recreational chemicals available than ever before.” (07/16/26)

https://reason.com/2026/07/16/drugs-keep-winning-in-the-global-war-on-drugs/

UK: Court jails young hackers for massive London transport cyberattack

Source: South China Morning Post [Hong Kong]

“A UK court on Thursday jailed two young men for a 2024 cyberattack on London’s public transport operator that exposed the details of millions of customers, in one of Britain’s biggest data breaches. Thalha Jubair, 20, from East London, and 18-year-old Owen Flowers from England’s West Midlands were each handed five-and-a-half-year sentences at London’s Woolwich Crown Court. The pair pleaded guilty last month to hacking Transport for London’s (TfL) network between August 31 and September 3, 2024, gaining access to around 7 million customers’ names and contacts.” (07/16/26)

https://archive.is/DtstH

Shareholders and Stakeholders in Corporate Law

Source: American Institute for Economic Research
by Robert T Miller

“There are two main theories of corporate governance: the shareholder theory and the stakeholder theory. The former, which originated in the earliest corporate law decisions of courts of equity in the nineteenth century, requires directors to manage the corporation for the long-term benefit of its shareholders. The latter, which is largely the creation of academics, holds that directors should balance the interests of all corporate stakeholders, including employees, customers, suppliers, creditors, and the communities in which the corporation operates. In an age of climate change, the class of stakeholders may expand to include all human beings now living or to be born in the future.” (07/16/26)

https://aier.org/article/shareholders-and-stakeholders-in-corporate-law/