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Vance Says Iran Conflict Isn’t a War as US Strikes Continue, Midterm Pressure Mounts
VP Vance says the US-Iran conflict is not a war and won’t commit to a timeline for ending the six-month conflict that has killed 18 US troops and wounded 790 others.
DTE Power Outage Leaves 260K Without Electricity After Severe Michigan Storms
More than 260,000 DTE Energy customers lost power in Southeast Michigan after severe storms on September 3. Wind gusts reached 70 mph, causing widespread damage and outages.
DTE Outage Map Shows 290,000 Without Power in Michigan After Storms
DTE Energy customers in Southeast Michigan face 290,000+ power outages after severe storms on September 3. Wind gusts reached 70 mph in some areas. Utility mobilized 2,600+ response teams.
Recycling Plastics Australia Collapses Into Administration, 60 Jobs at Risk
Recycling Plastics Australia enters voluntary administration after supplier insolvency. 60 jobs at risk. Company received $20M federal grant in 2024 to process soft plastics.
US Strikes Iran’s Larak Island; Oil Jumps Above $90 on August 31
U.S. forces struck two Iranian rocket launchers on Larak Island on August 31, the first attack in weeks. Iran fired back with missiles at Jordan bases and drones at UAE targets. Brent crude jumped 2.7% to $90.49.
Tom Begich Drops Alaska Governor Race, Backs Democrat Rival on August 29
Tom Begich suspends Alaska governor campaign after finishing second in primary, endorses Democrat Jonathan Kreiss-Tomkins. Cook Political Report rates race likely Republican.
US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…