Industry

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

BitMart Begins Orderly Wind-Down of Trading Platform; BMX Plunges About 58%

BitMart halted new registrations and deposits and set an Aug. 26 deadline to close positions as it begins an orderly wind-down; BMX token plunged about 58%.

#crypto, #cryptocurrency, #bitmart, #bmx

Warner Bros. Discovery–Paramount Merger Paused Until Court Ruling or June 1, 2027

California and 11 states secured an agreement keeping Warner Bros. Discovery’s proposed merger with Paramount on hold until a court rules or June 1, 2027.

$WBD, $PARA, #antitrust, #merger, #entertainment, #warnerbros

Poolin Files Chapter 11 in U.S., Seeks Sale of Two West Texas Bitcoin Mines with $52 Million in Stalking‑Horse Bids

Poolin filed Chapter 11 in the U.S., seeking court sale of two West Texas bitcoin sites backed by $52M in stalking‑horse bids; wallet IOUs dwarf likely proceeds.

#crypto, #bankruptcy, #bitcoin, #mining

IEA Analysis: China’s Rare-Earth Export Controls Could Put $6.5 Trillion of Global Manufacturing at Risk

IEA says full implementation of China’s expanded rare‑earth export controls could put about $6.5 trillion a year of non‑Chinese downstream production at risk.

#rareearths, #china, #supplychains, #criticalminerals

EU Clears PIF-Led $55 Billion Acquisition of Electronic Arts, Antitrust Hurdle Removed

EU regulators cleared the PIF-led $55B takeover of Electronic Arts, lifting a major antitrust obstacle though foreign-subsidy and U.S. reviews remain.

$EA, #electronicarts, #pif, #merger, #gaming

STB Orders Union Pacific, Norfolk Southern to Publicly Disclose Employee-Impact Data in Merger Case

The Surface Transportation Board ordered Union Pacific and Norfolk Southern to make employee-impact exhibits public, revealing projected job changes ahead of a filing deadline.

$UNP, $NSC, #rail, #merger, #stb, #unionpacific, #norfolksouthern

Teamsters Reach Agreement in Principle With United for 11,000 Mechanics, But Contract Not Final

Teamsters announce an agreement in principle with United for more than 11,000 mechanics, including a $54M signing bonus; ratification still required.

$UAL, #teamsters, #unitedairlines, #labor, #aviation