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Michigan Governor Race Set: Benson Faces Trump-Backed James in Fall Showdown
Michigan Secretary of State Jocelyn Benson won the Democratic primary for governor on August 4, while Trump-backed Rep. John James won the GOP nomination. The two will compete in November to replace term-limited Gov. Gretchen Whitmer.
FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance
On 5 August 2026, European stock markets traded higher as expectations grew that the United States and Iran were moving closer to an agreement to restore safe shipping through the Strait of Hormuz, one of the world’s busiest oil routes. The FTSE 100 climbed 0.41%, Germany’s DAX gained 0.49%, and France’s CAC 40 added 0.12%….
Beazley (LSE: BEZ) Profit Falls 53% Ahead of £8.1B Zurich Takeover; Shareholders to Receive £13.35 Per Share
Beazley posted a 53% drop in first-half pretax profit on August 5, 2026. The London-based specialty insurer generated $237.7 million, down from $502.5 million last year. Despite the earnings decline, shareholders await a recommended £8.1 billion takeover by Zurich Insurance Group. Under agreed terms, investors receive £13.35 per share before the transaction closes later this…
Bitcoin (BTC) Tests $64,500 Resistance as Money Flow Index Hits 100; Bulls Eye Breakout Above $64.2K
Bitcoin rose to $64,244 on August 5, 2026, as buyers challenged key resistance. The leading cryptocurrency reached an intraday high of $64,511 before encountering selling pressure. Momentum indicators signal extreme overbought conditions as the Money Flow Index touched 100. Institutional traders now focus on a sustained breakout above $64,200 to confirm further upward momentum. Technical…
Chevron Falls 1.4% as Trump Attacks Oil Windfall Profits on August 5
Trump attacks Chevron and ExxonMobil for record profits from Iran conflict, demanding price cuts. Chevron Q2 profit surged 400% to $12.1B as gas prices hit $4.10/gallon.
AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk
On August 5, 2026, AMD stock experienced a sharp reversal despite reporting strong results. The semiconductor giant delivered second-quarter revenue of $11.54 billion, up 50.1% year-over-year. Adjusted earnings per share reached $1.66, topping Wall Street consensus estimates. Yet, shares fell 7.4% as investors demanded even faster artificial intelligence growth. This sudden drop put over $61…
Ola Electric Shares Surge 10% as 20 GWh Battery Energy Storage Partnership With Axis Energy Boosts Growth
On August 5, 2026, Ola Electric shares climbed nearly 10% after the company announced a partnership with Axis Energy to deploy up to 20 GWh of Battery Energy Storage Systems (BESS) by 2032. The agreement takes Ola into India’s fast-growing utility-scale energy storage business, expanding its focus beyond electric scooters. With demand for renewable energy…
Jetstar Scraps 7kg Carry-On Limit, Charges Up to $52 for Overhead Bags From February 2027
Jetstar removes 7kg carry-on limit from February 2027, charging $25-$52 for overhead locker access. All fares now include only one underseat bag; larger bags require paid Priority Carry-on option.
Lloyd Robertson Dies at 92 After Decades Leading Canadian Broadcast News
Lloyd Robertson, one of Canada’s most respected television journalists, has died at the age of 92. His family confirmed his death on August 5, 2026, bringing to a close a broadcasting career that spanned more than six decades. From federal elections to international crises, Robertson became a familiar and trusted presence in Canadian homes. His…