The U.S. Securities and Exchange Commission is reportedly proceeding with a proposal to shift public companies from quarterly to semiannual financial reporting, despite receiving over 200,000 public comments largely against the change, according to The Wall Street Journal.
Carl Icahn's holding company has reportedly agreed to sell the auto-service chain for approximately $700 million in cash, divesting the business while retaining its real estate assets.
B&R Technology Merger Corp., a special purpose acquisition company, has priced its initial public offering of 32.5 million units at $10.00 each, raising $325 million before its debut on the Nasdaq Global Market.
U.S. President Donald Trump spoke with new British Prime Minister Andy Burnham about key economic and security issues, including trade and North Sea oil, signaling a potential reset in relations after a strained period with the previous UK government.
Airbus CEO Guillaume Faury confirmed the company is on course for its full-year delivery target of 870 aircraft, citing a 15% increase in first-half deliveries and stabilizing engine supplies.
The U.S. State Department has denounced China's recent actions against the Philippine navy at the Second Thomas Shoal, raising geopolitical risks in a critical global waterway.
CEO Guillaume Faury said the European planemaker is on track to deliver 870 aircraft in 2026, citing a 15% year-over-year increase in first-half deliveries and stabilizing engine supplies.
New Zealand's annual inflation rate accelerated to 4.1% in the second quarter, surpassing economist expectations and placing further pressure on the Reserve Bank of New Zealand to continue raising interest rates.
A market analysis identifies pharmaceutical giants AbbVie and Johnson & Johnson as compelling options for income-focused investors, citing their strong dividend track records, cash flow, and defensive business models.
