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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.
First Phosphate Uplists ADRs to Nasdaq on August 10, 2026
First Phosphate uplists Level 2 ADRs to Nasdaq Global Market under ticker PHOS on August 10, 2026. The move converts OTCQX holdings automatically and maintains a 10-to-1 ADR ratio.
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.
Pentagon Awards $560M Loan to Sunrise Energy for World’s First Scandium Mine in NSW
Pentagon invests $560 million in Sunrise Energy Metals’ Syerston Scandium Project in NSW to counter China’s control of rare earth supply. Project targets aerospace and defence demand.
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.
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.
Toncoin USD Crashes 23% to $1.35 as Sellers Dominate
TONUSD plummeted 23% in 24 hours to $1.35, with RSI at 36.87 signaling oversold conditions and volume 46% below average.
Finance Ministry Ace Jun Hitotsumatsu Sidelined to Tokyo Customs Post on August 7
Finance Ministry deputy director Jun Hitotsumatsu transferred to Tokyo Customs head post on August 7 after clashing with PM Takaichi’s administration over fiscal policy and tax exemption programs.