Industry

Home Depot CEO Ted Decker to Take Temporary Medical Leave; Leadership Split Announced

Home Depot said CEO Ted Decker is taking a temporary medical leave; Ann-Marie Campbell and CFO Richard McPhail will share interim leadership while Decker recovers.

$HD, #homedepot, #ceo, #governance, #retail, #management

Archer to Acquire Wisk, Insitu and SkyGrid from Boeing; Boeing to Take Stake

Archer will buy Boeing’s Wisk, Insitu and SkyGrid to add autonomy, defense drones and airspace software while Boeing takes an equity stake.

$ACHR, $BA, #archer, #boeing, #aviation, #defense

Trump Imposes Minimum Import Prices and New Duties on Polysilicon and Solar Products

Trump invokes national-security trade powers to set minimum import prices and duties on polysilicon and solar products and launches an onshoring incentive program effective Dec. 4.

#trade, #tariffs, #solar, #polysilicon

Amazon Pharmacy to Deliver GLP-1 Weight-Loss Drugs to Medicare Beneficiaries at $50 Monthly Copay

Amazon Pharmacy will deliver certain GLP1 weight-loss medicines to eligible Medicare beneficiaries for a $50 monthly copay under the Medicare GLP-1 Bridge demonstration.

#amazon, #medicare, #glp1, #pharmacy

Allegiant Pilots Ratify Contract, Win Immediate 40% Average Hourly Pay Hike and $300M in Retention Bonuses

Allegiant pilots ratified a two-year deal that delivers an immediate average 40% hourly pay increase, unlocks about $300M in retention bonuses and expands benefits.

$ALGT, #allegiant, #pilots, #teamsters, #labor

SEC Creates Financial Reporting and Accounting Unit to Target Accounting Fraud

On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.

#sec, #accounting, #enforcement, #securities, #fraud

EA Taken Private in $55 Billion Buyout Led by Saudi Public Investment Fund

A Saudi-led consortium completed a $55 billion acquisition of Electronic Arts, taking the publisher private and delisting EA from Nasdaq.

$EA, #ea, #gaming, #acquisition, #pif

Pfizer Raises 2026 Revenue Midpoint as Non-COVID Drugs Offset Pandemic Drag

Pfizer lifted the midpoint of its 2026 revenue forecast after stronger-than-expected sales from non-COVID drugs, despite a GAAP loss from write-downs.

$PFE, #pfizer, #pharmaceuticals, #earnings, #covid

FAA Grants Amended Type Certificate for Boeing 737-7, Clearing Path for Southwest Deliveries

FAA issues amended type certificate for Boeing's 737-7, clearing regulatory obstacles and allowing deliveries to begin with Southwest as launch customer.

$BA, #boeing, #aviation, #aircraft, #737max

Amgen discloses material cybersecurity incident after data exfiltration from third‑party cloud environments

Amgen disclosed a material cybersecurity incident in a July SEC filing, saying unauthorized activity in third‑party cloud environments led to exfiltration of proprietary and patient data.

$AMGN, #amgen, #cybersecurity, #biotech, #sec

DOE Authorizes SPP to Run Backup Generators, Including at Data Centers, During Heat Wave

On July 26 the Energy Department authorized Southwest Power Pool to dispatch generators and tap data‑center backup power to maintain reliability during a heat wave.

#doe, #spp, #powergrid, #heatwave

General Dynamics Electric Boat Wins $71.6 Billion in Navy Submarine Contracts

General Dynamics Electric Boat received $71.6B in awards for 14 submarines — five Columbia-class and nine Virginia-class — supporting shipyard expansion and hiring.

$GD, #defense, #shipbuilding, #submarines, #general-dynamics

FTC, California and Utah Sue Hims & Hers Over Alleged Data Sharing and Deceptive Subscription Practices

FTC, California and Utah sued telehealth firm Hims & Hers, alleging it shared sensitive health data with Meta and Snap and used deceptive subscription billing.

$HIMS, #ftc, #himsandhers, #telehealth, #privacy

SAG-AFTRA Opposes Paramount Skydance–Warner Bros. Discovery Merger, Backs Antitrust Lawsuits

SAG-AFTRA voted July 25 to oppose the proposed Paramount Skydance–Warner Bros. Discovery merger and back state and WGA antitrust lawsuits.

$WBD, $PARA, #media, #mergers, #sagaftra, #antitrust, #wga

Gulf Producers Accelerate Costly Pipelines to Bypass Strait of Hormuz

Gulf oil exporters are fast-tracking multibillion-dollar pipelines and routes to reroute crude around the Strait of Hormuz after months of shipping disruptions.

#gulf, #oil, #pipelines, #hormuz, #energy