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Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead baggage from February 2027. Under-seat bags remain free. The budget airline is removing its 7kg weight limit and no longer weighing bags at the gate.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
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.
SpaceX’s Q2 Results Impress Wall Street, Shares Fall on AI Spending Concerns
SpaceX delivered its first earnings report as a public company on August 4, 2026, posting $7.81 billion in Q2 revenue against a $6.93 billion analyst consensus. Revenue jumped 92% year-over-year from $4.1 billion. Despite the beat, shares dropped about 8% in after-hours trading as investors focused on soaring AI infrastructure spending rather than the strong…
Polymarket Targets $20 Billion Valuation in New $1 Billion Funding Round
Polymarket is in early talks to raise about $1 billion at a valuation exceeding $20 billion, Bloomberg reported on August 4, 2026. The prediction market platform closed its previous round in April at a $15 billion valuation, backed partly by a $600 million investment from Intercontinental Exchange, parent of the New York Stock Exchange. The…
Taiwan Launches Major Raids in High-Tech Talent Recruitment Investigation
On August 5, 2026, Taiwan began one of its largest investigations into suspected illegal recruitment of high-tech professionals by Chinese companies. Authorities searched dozens of locations and questioned more than 100 people during a nationwide operation. The action comes as Taiwan steps up efforts to protect its semiconductor expertise, one of the country’s strongest economic…
Panda Mart’s Brisbane Opening Erupts Into Chaos as Shoppers Swarm Third Australian Store
Panda Mart’s Brisbane opening on August 4 drew thousands of shoppers and chaotic scenes. The discount retailer now has three Australian stores amid ongoing safety warnings from regulators.
SpaceX Stock Drops 7% After Q2 Earnings Beat as AI Spending Soars
SpaceX stock fell 7% after reporting Q2 revenue of $7.8B, up 92% YoY, but capital expenditures jumped to $18.4B as the company pursues AI infrastructure investments.