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TKMS Jumps 12% After Raising 2026 Guidance on Strong Shipbuilding Demand
TKMS raised 2026 guidance to 10-12% revenue growth and 6.5% EBIT margin after nine-month results beat forecasts. Shares jumped 12% on strong submarine and frigate demand.
Toyota (NYSE: TM) Former Chief Hiroshi Okuda, Pioneer Behind Prius Hybrid, Dies at 93
Hiroshi Okuda, the former head of Toyota Motor, has died at 93. Okuda joined Toyota in 1955 and became president in 1995, before taking over as chairman in 1999 and holding the position until 2006. He is widely remembered for backing the Toyota Prius, which went on sale in Japan in December 1997 as a…
Gordie Howe Bridge Records 41,000 Crossings in First 5 Days, Captures 44% of Regional Traffic
Gordie Howe International Bridge saw 41,000 crossings into Canada in first 5 days of operation, capturing 44% of regional border traffic. StatCan data shows strong early demand from motorists and exporters.
Trump’s New Birthright Citizenship Order Faces Court Challenge on August 11
Trump signs new executive orders to restrict birthright citizenship on August 6. ACLU and civil rights groups file lawsuit August 11 to block the orders, citing Supreme Court’s June ruling.
Porter Airlines Flight Cancelled After Child Refuses Seatbelt in Victoria, August 6
Porter Airlines cancelled Flight PD444 on August 6 after a child refused to wear a seatbelt. All passengers were rebooked for August 7. The incident sparked debate over airline safety protocols and parental responsibility.
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Maple Leaf Foods Bacon Recalled: 12,000 Pounds Pulled in Three States
Maple Leaf Foods recalls 12,036 pounds of Canadian bacon sold at Grocery Outlet in three states after it bypassed U.S. import inspection. No illnesses reported.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
First Phosphate Uplists ADRs to Nasdaq on August 10, 2026
First Phosphate uplists Level 2 ADRs to Nasdaq Global Market under ticker PHOS on August 10, 2026. The move converts OTCQX holdings automatically and maintains a 10-to-1 ADR ratio.