Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
ICE Blocked From Entering Ecuador Consulate in Minneapolis During Immigration Operation 
Trump Family Files $10 Billion Lawsuit Over IRS Tax Disclosure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
U.S. Justice Department Removes DHS Lawyer After Blunt Remarks in Minnesota Immigration Court 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
New York Legalizes Medical Aid in Dying for Terminally Ill Patients 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Panama has launched a formal investigation into a controversial port contract awarded to CK Hutchison, a Hong Kong-based conglomerate, over the operation of two major ports in the country. Attorney General Luis Carlos Gomez announced the probe Tuesday following criticism from Comptroller General Anel Flores, who claimed Panama forfeited $1.3 billion in potential revenue through generous tax incentives granted during the 2021 contract renewal.
The 25-year concession was awarded to Panama Ports Company, in which CK Hutchison holds a 90% stake, to operate the Balboa and Cristobal ports. The deal has been under audit since January, with Flores revealing the review is nearly complete. He stated that legal action would follow against officials involved in approving the agreement. Additionally, Panama’s Supreme Court has been reviewing the contract since February, raising concerns it could be deemed unconstitutional.
This investigation poses potential challenges for a separate $22.8 billion global acquisition deal led by U.S. investment giant BlackRock, which includes CK Hutchison's port assets in 23 countries, including the two Panamanian ports. Regulatory reviews of the BlackRock transaction could extend up to nine more months. BlackRock CEO Larry Fink clarified the acquisition was not politically motivated but acknowledged it would undergo thorough scrutiny from multiple jurisdictions, including China.
CK Hutchison and BlackRock have not publicly responded to the unfolding situation. Meanwhile, China’s embassy in Panama emphasized its respect for Panamanian sovereignty and urged against the exclusion of China from U.S.-Panama relations.
Legal experts warn that if the contract is found unconstitutional or riddled with irregularities, Panama could revoke the concession entirely, potentially impacting global port operations and trade routes through the Panama Canal.
