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Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
Paramount CEO Ellison Threatens California Exit by Oct. 1 Over Merger Dispute
Paramount CEO David Ellison threatens to move the studio out of California by October 1 if AG Rob Bonta refuses settlement talks in the $110B Warner Bros. merger antitrust case.
Safeway Closes 3 More Stores in 2026 as Albertsons Cuts Underperforming Locations
Safeway closes stores in California, Oregon, and Washington D.C. in 2026. Albertsons cites expiring leases and underperformance as reasons for the restructuring amid failed Kroger merger.
Xbox CEO Asha Sharma Hypes The Elder Scrolls VI as Giant Rat Protest Targets Bethesda Over Mass Layoffs
Xbox CEO Asha Sharma praised The Elder Scrolls VI during a visit to Bethesda Game Studios on Tuesday, August 11, 2026, just as unionized workers staged a pointed protest outside. Members of the Bethesda Game Studios Union planted 800 red flags on the lawn, one for each employee laid off since July 2025, and inflated…
Paramount CEO Ellison Threatens California Exit by Oct. 1 Over Merger Dispute
Paramount CEO David Ellison threatens to move the studio out of California by October 1 unless state AG Rob Bonta agrees to settle the $111 billion Warner Bros. merger antitrust lawsuit.
Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
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…
Technocraft Ventures IPO Subscription Hits 6.98x on Day 3 as NII Demand Leads
Technocraft Ventures IPO closed its subscription window Tuesday, August 11, 2026, at 6.98 times overall. Non-institutional investors drove the strongest demand, pushing this EPC infrastructure issue well past full subscription. The ₹251.88 crore mainboard IPO priced shares between ₹200 and ₹212. Strong grey market activity suggests investors expect a solid listing debut this week. Technocraft…
Oscar Piastri trails Lando Norris by 36 points as McLaren weighs team strategy shift
Oscar Piastri trails Lando Norris by 36 points in the 2026 F1 championship. McLaren may shift strategy to prioritize the reigning world champion in the second half of the season.