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Salmonella Outbreak at Ramona Market Sickens 13, Four Hospitalized July 30
San Diego County investigates salmonella outbreak linked to Ramona Family Naturals Market. 13 confirmed cases, 4 hospitalized since June 21. Raw-egg mayonnaise identified as source.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.
Meta Says Banning Chinese AI Would Hurt US Innovation and Competition
On July 29, 2026, Meta CEO Mark Zuckerberg said the United States should not ban Chinese AI models. He argued that restricting them could slow American innovation rather than strengthen it. His comments come as Washington considers tighter measures against Chinese AI companies over national security and intellectual property concerns. Meta believes the US will…
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Nikkei 225 Closes at Two-Month Low After 1.91% Decline in Tech Shares
On July 29, 2026, Japan’s Nikkei 225 dropped 1.91% to its lowest close in more than two months as technology stocks drove a broad market decline. Semiconductor and AI-related companies came under heavy selling pressure after weak global market sentiment hurt investor confidence. The selloff has raised fresh questions about whether Japan’s recent stock market…
ASX Stocks Performance: CSL Climbs After Clinical Trial Update Boosts Healthcare Stocks
CSL shares surged nearly 7% on the ASX on Wednesday, July 29, 2026, leading a broad healthcare rally. The biotechnology giant climbed to around A$123.68 after unveiling plans for new clinical trials tied to its Horizon 2 manufacturing process. Healthcare stocks on the ASX jumped nearly 4% at midday, outpacing every other sector. The S&P/ASX…
Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
FDA Issues Class II Recall for Subpotent Levothyroxine Tablets on July 28
Major Pharmaceuticals recalls levothyroxine sodium tablets nationwide due to subpotency. The FDA classified it as a Class II recall on July 17. Affected patients should consult their doctor and return medication to the pharmacy.