Company refutes market shutdown rumors, confirms record-breaking Phone (4b) sales, and announces restructuring with AI-native unit and regional hubs, impacting certain positions.
A Russian ballistic missile strike in Ukraine's Kyiv region killed 10 people and injured nearly 100 at a defense industry event. The attack occurred a day after President Zelensky met with Raytheon representatives, with Russia claiming the event showcased drones targeting Russian civilians.
A 102-pound Tibetan mastiff and German shepherd mix named Sable became too exhausted and injured to descend a Pennsylvania mountain trail. Owner Kevin Matthews sought help, leading to a four-hour rescue by the Waterville Volunteer Fire Company and other volunteers.
Centrica, owner of British Gas, plans to cut 1,300 jobs (800 new, 500 confirmed) from call centres and back office over two years, citing changing customer behaviour towards digital channels. This comes as retail profits rose despite falling customer numbers and an expected £112m compensation payout.
Tencent Holdings dismissed a WeChat division project manager, surnamed Ye, after details of his 3.17 million yuan bonus package leaked online. The company cited his passing sensitive corporate information to external parties, causing severe negative impact.
Rivian has filed a lawsuit against the U.S. government, U.S. Customs and Border Protection, and its commissioner, seeking a full refund on tariffs paid under President Trump's "Liberation Day" taxes, which the Supreme Court later deemed unconstitutional. The automaker expects tens of millions in refunds while rolling out its R2 SUV.
Stocks face a muted open after a sell-off, influenced by rising oil prices and AI spending concerns. Key companies like Intel, Nvidia, Amkor, American Express, SLB, Deckers Outdoor, GE Healthcare, Dell, Verizon, and Oracle report mixed earnings and strategic developments.
An unnamed Shanghai-based company aims for an IPO by year-end, driven by Beijing's semiconductor self-reliance initiative amidst ongoing US export controls.
Corporate Bitcoin holdings, often financed by convertible notes and preferred shares, face maturity and dividend pressures that can force companies like Strategy and Bitdeer to sell BTC, impacting market supply regardless of long-term price beliefs.
Canadian NDP leader Avi Lewis demands the Carney government block a US$125m Thomson Reuters-ICE data deal, citing concerns over human rights abuses and "voter fraud" tracking. He calls for restrictions on Canadian firms doing business with ICE.
The Unite union is pressuring the UK government to award a £2.4bn military satellite contract to European manufacturer Airbus, rather than US rival Lockheed Martin, to protect up to 600 jobs in Stevenage and Portsmouth. The decision is seen as a test of Labour's pledge to back British industry.
A Himachal Pradesh consumer commission ordered Reliance JioFiber to pay Rs 10,000 compensation to a Shimla woman for unresolved internet service disruptions despite multiple complaints, citing deficiency in service and unfair trade practice.
SK Group Chairman Chey Tae-won's divorce from Roh So-young could become South Korea's most expensive, with a Seoul High Court ruling potentially awarding Roh a significant portion of Chey's US$5.6 billion fortune, boosted by SK Hynix's AI chip success.
Ukrainian President Zelenskyy met with Raytheon representatives in Kyiv to discuss co-production of Patriot air defense systems, following a shift in US tone. This comes as Ukraine intensifies drone attacks inside Russia, targeting logistical hubs and an oil facility.
Tesla's stock plunged 13.5% after its Q2 earnings missed analyst expectations, revealing lower-than-anticipated profitability and negative free cash flow due to heavy investments in Robotaxi and Optimus, impacting the broader "Magnificent Seven" tech stocks.
Coca-Cola has increased prices in India due to severe disruptions in the Strait of Hormuz, a key supply route for aluminum cans and raw materials, following the collapse of an interim truce in the Iran conflict.
Peter Barber, co-founder of Australian video tech firm Blackmagic Design, is suing the company and co-founders Grant Petty and Douglas Clarke in Federal Court, alleging he's been denied dividends, information, and the ability to sell his $98M stake due to hostility.
Russia's Battlegroup North interceptor drone battery destroyed 24 Ukrainian fixed-wing UAVs in the Sumy area over the past 24 hours, according to a commander with the call sign Amur. The drones were used for reconnaissance, fire adjustment, targeting, and delivering strikes.
The European Union has imposed sanctions on Olga Korchagina and Pavel Chernyshev, founders of Simbirsk Design Bureau "Piranya," a Russian company manufacturing up to 10,000 FPV drones monthly for the Russian armed forces.
The EU has blacklisted Alexander Zharov, CEO of Gazprom-Media Holding, as part of its 21st sanctions package against Russia, accusing his company of shaping opinions on the Ukraine conflict and undermining Ukraine's integrity.
OpenAI is launching ChatGPT Health to all US users, enabling connection of medical records and health data. While OpenAI claims its models can reason better than clinicians, a VP tempered this. The rollout follows a lawsuit against OpenAI for allegedly providing dangerous medical advice.
SpaceX has again postponed the 13th test launch of its Starship spacecraft to July 24 due to weather, following an earlier delay from July 16 caused by an engine failure that triggered an automatic launch abort.
At 16, George Washington copied 110 rules of good behavior, including Rule 56, which advised associating with good company. This principle, which shaped his leadership during the Revolutionary War and presidency, remains relevant today for personal development, professional success, and navigating digital environments, emphasizing how social circles influence habits and reputation.
UK consumer confidence rose significantly in July, driven by the prospect of Andy Burnham becoming PM, England's World Cup run, and hopes for Middle East peace. Despite this, personal finance outlook remained cautious, and rising oil prices from renewed US-Iran conflict threaten inflation forecasts.
