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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.
Eclipse Glasses Sell Out in Switzerland Ahead of August 12 Event
Swiss eclipse glasses sell out as August 12 solar eclipse approaches. Retailers warn of shortages. Protective eyewear must meet ISO 12312-2:2015 standard to safely view the event.
Trump’s Top General Seeks Exit From Iran War as Military Options Narrow
Gen. Dan Caine privately urges Trump officials to seek de-escalation in Iran war, citing limited military success and weapons shortages. Caine has coordinated with CIA Director, Secretary of State, and Vice President.
US Intelligence Warns Putin Could Test NATO With Limited Attack By 2029
US intelligence warns Putin may test NATO with limited attack or cyberattack between 2026 and 2029. Poland, Baltics at highest risk. NATO says it is ready to defend.
Lufthansa 747 Diverts to Congo After Cabin Odor; Stock Falls 2.5%
Lufthansa Boeing 747-8 with 363 passengers diverts to Congo after cabin odor. Emergency landing in Brazzaville on August 7, 2026. Stock drops 2.5% to €8.34.
OCBC Lifts Interim Dividend to 47 Cents on Record August 2026 Profit
OCBC raises interim dividend to 47 cents after posting record S$4.19 billion first-half profit, driven by 27% surge in wealth management income to S$3.29 billion.
Hokkaido Student Killer Sentenced to Life; Kawaguchi Gets Maximum Term on August 7
Sapporo District Court sentenced Yuto Kawaguchi to life imprisonment for leading a fatal 2024 group assault on a Hokkaido university student. A co-defendant received 30 years.
Sydney Airport Hit by Worst Delays in Six Months as Air Traffic Controllers Fall Short
Sydney Airport faced its worst delays in six months on August 7 as air traffic controller shortages left over 150 flights delayed up to 90 minutes. Qantas, Jetstar, and Virgin Australia all affected.
Mondelez Launches KFC Oreo Ghost Candy as Viral Strategy Drives August 7 Growth
Mondelez launches KFC fried chicken Oreos in China and Oreo ghost candy at Walmart this fall, driving earned media and brand momentum as the snack giant battles grocery store competition.