BHP Underlying Earnings Fall on Lower Iron Ore, Coal Prices
Australia-based BHP reported a 14% rise in annual profit but dialed back its payout to investors as lower iron ore and coal prices weighed on underlying earnings.
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How an Obscure Firm Bet on the Trumps and Became Their Go-To Dealmaker
Dominari was new to the finance game when it took office space in Trump Tower. Now it’s a key adviser on the first family’s ventures, from crypto to manufacturing.
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SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker
Money earmarked for the semiconductor company under the Chips Act could be converted into equity.
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CSL to Spin Off Unit, Cut Up to 15% Staff in Sweeping Restructure
Australia-listed CSL, which has a significant portion of its business in the U.S., announced its intention to simplify its operating structure amid a challenging and volatile environment.
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The Race to Dethrone Excel Has a New Entrant
Paradigm, founded by 23-year-old Anna Monaco, is launching with a $5 million seed round led by General Catalyst.
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TV-Station Owner Sinclair Proposes Merger With Tegna
Nexstar Media Group has already been in talks to buy Tegna.
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Home Depot’s Earnings Will Be Rough. Why Wall Street Isn’t Worried.
With the stock already reflecting the slowdown, investors are looking for any sign of a turnaround.
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Palo Alto Networks’ Founder Retires as Technology Chief
The founder of the cybersecurity company is retiring from the C-suite as it gears up to deliver another year of projected revenue and profit gains.
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CoreCivic Names Swindle CEO, Succeeding Hininger
The detention facility operator named Patrick Swindle as its next chief executive officer, succeeding long-time executive Damon Hininger, who will continue at the company under a transition agreement.
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Newsmax Settles Dominion’s Defamation Lawsuit for $67 Million
Dominion accused Newsmax of airing false reports that the voting-machine company helped rig the 2020 U.S. presidential election.
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Air Canada Flight Attendants Union to Disobey Second Back-to-Work Order
Union leaders for Air Canada’s flight attendants face fines and criminal charges after defying a second order from Canada’s federal labor board to end their “unlawful” strike.
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Starbucks Sets 2% Raises for Corporate Workers
The coffee giant is in the midst of a turnaround. “We need to carefully manage all of our other costs.”
(END) Dow Jones Newswires
August 18, 2025 23:15 ET (03:15 GMT)
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