Economy
Trump Imposes 100% Tariff on Generic Drugs, Sets 2028 US Production Deadline
President Donald Trump announced a 100% import duty on generic drugs from August 2028, giving manufacturers two years to move production to...
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Stocks
Brookfield Renewable, Infrastructure Announce Corporate Structure Simplification
Brookfield Renewable (BEP, BEPC) and Brookfield Infrastructure (BIP, BIPC) unveiled plans to simplify their corporate structures. Brookfield Renewable will merge BEP and...
World Business
Meliá Exits Cuba: Sanctions Force Spanish Hotel Chain’s Full Withdrawal
Spanish hotel giant Meliá is completely shuttering its Cuba operations due to U.S. sanctions and an energy blockade, dealing a major blow...
Stocks
Capital One Advances Discover Credit Card Integration Tests
Capital One is actively testing the migration of its credit cards to the Discover network, a key strategic move discussed during its...
Markets
Crude Surge Crushes Rupee Rebound Bets, Threatens Fresh Lows
Hopes for a significant Indian rupee rebound have dissipated as a sharp rise in crude oil prices blunts capital inflows, pushing the...
Finance
East West Bancorp Boosts 2026 NII Outlook to 9%, Projects 8% Loan Growth
East West Bancorp has raised its 2026 net interest income growth outlook to 7-9% and projects loan growth of 6-8%, following record...
Stocks
Centerra Gold Ranks 44th Among Top 50 Mining Stocks by Analysts
Centerra Gold Inc. (CGAU) is the 44th broker analyst pick out of 50 in the Metals Channel Global Mining Titans Index, prompting...
Markets
Synaptics CFO’s $168K Share Disposition: A Tax Event Amid 10% Revenue Growth
Synaptics CFO Ken Rizvi's recent disposition of 1,473 shares, valued at $168,000, was a non-discretionary tax event, not a market signal. This...
Stocks
Wheat Futures Climb: Spring Wheat Leads Gains After Early Weakness
The wheat complex reversed early losses on Tuesday, with all three markets closing higher, led by significant gains in spring wheat futures.
Finance
Augustus Raises $180M to Modernize Global Dollar Clearing
Augustus, formerly Ivy, secured $180 million in Series B funding to provide direct dollar access to global financial institutions, challenging legacy correspondent...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
Stocks
Coal Council Pushes DOE for Loan Guarantees, Grants
A coal council advising the Trump administration urged the Department of Energy on Tuesday to provide financial support, including loan guarantees and...