Today’s Paper
Thursday, October 29, 2026
3 stories across 2 sections
Business
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Weil Gotshal Brought In About $2.1 Billion Last Year. Its Leaders Now Recommend Closing the 95-Year-Old Firm.
The firm that built the modern big-law bankruptcy practice is planning its own exit. By our arithmetic it is more than twice the size, by revenue, of Dewey & LeBoeuf when that firm collapsed in 2012.
By Margaret Holloway
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The "Endless" Cruise Ship Paid $700 a Ton for Fuel Before the Iran War. It Stopped Sailing After Paying $2,000 to $3,000.
The company sold cabins for life at sea from $119,999. By our arithmetic, its fuel bill alone rose by roughly $1 million to $1.8 million a month, which a few hundred residents could not carry.
By Thomas Gutierrez
Markets
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The Fed Held Rates at 3.75 to 4 Per Cent, and Two Officials Voted for a Hike. The Next Morning, Core Inflation Came In at 3.1 Per Cent.
The statement changed one word about the economy, from "solid" to "strong," and dropped its line about the last hike. The bond market read the meeting as a pause, not an end.
By Daniel Okafor