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American Express $350 Million AML Penalty, October 8, 2026: Notes for Law
On October 8, 2026, the OCC assessed a $350 million civil money penalty and cease-and-desist order against American Express National Bank for BSA/AML program deficiencies that left approximately $13 billion in suspected trade-based money laundering activity unreported over a decade.
SpaceX Grain 800 MHz Spectrum Deal, October 8, 2026: Notes for Technology
On October 8, 2026, SpaceX agreed to acquire Grain Management’s nationwide 800 MHz spectrum portfolio to support Starlink Mobile’s hybrid satellite-terrestrial ambitions. The deal remains subject to FCC approval.
Amazon Decart Acquisition Talks, October 11, 2026: Notes for Startup
On October 11, 2026, the Wall Street Journal reported that Amazon is in talks to acquire AI startup Decart in a deal that could be valued at around $7 billion. Decart’s software helps developers switch between different AI chips.
US-Russia Diesel Supply Arrangement, October 9, 2026: Notes for Procurement
On October 9, 2026, President Trump announced a deal with Russia to supply diesel to U.S. and global markets, and the Treasury issued General License 135 authorizing related transactions through April 7, 2027.
Amazon Drops Data Center NDAs, October 9, 2026: Notes for Corporate Governance
Amazon follows Microsoft in dropping NDAs for data center talks with local governments amid moratoriums. A governance checklist for directors.
Cloudflare Acquires Deno, October 9, 2026: Notes for Startup
Cloudflare’s purchase of Deno, which raised $26M, shows how platforms buy developer communities. Lessons for founders of developer tools.
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