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U.S. Lost 23,000 Jobs in July as Labor Market Weakens
U.S. employers cut 23,000 jobs in July. Unemployment fell to 4.1% but only because workers left the labor force. Wage growth slowed to 3.2% annually, below inflation.
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.
Brooklyn Ross Joins Kyle Sandilands Live After Reversing KIIS FM Pledge
Brooklyn Ross, 38-year veteran KIIS FM newsreader, leaves ARN to join Kyle Sandilands Live after reversing his June pledge to stay. Show launches August 10.
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.
Burger King Retakes No. 2 Spot With 8.5% Sales Surge on August 7
Burger King surpasses Wendy’s as the No. 2 U.S. burger chain with 8.5% Q2 sales growth. Parent company QSR stock rises on strong turnaround execution and Whopper sales surge.
Australian Crew Completes Rare Antarctic Midwinter Rescue at -43C on July 31
Australian Skytraders crew evacuated a US patient from Antarctica’s McMurdo Station on July 31 in -43C darkness, completing the first civilian midwinter medevac near the winter solstice.
Australia Faces ‘Triple Whammy’ as Record El Niño Threatens Spring and Summer
Australia faces a ‘triple whammy’ of climate change, record El Niño, and Indian Ocean Dipole. Bureau of Meteorology forecasts below-average rainfall and higher temperatures from August to October 2026.