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Chevron and Exxon Deliver Record Profits as Trump Calls for Lower Fuel Prices
On August 4, 2026, U.S. oil companies Chevron and ExxonMobil reported combined quarterly profits of more than $26 billion, helped by higher crude oil prices and strong refining margins. The results came as President Donald Trump called on major oil producers to lower fuel prices for American drivers. The gap between record corporate earnings and…
Trump Clashes With Pirro Over Reflecting Pool Case; U.S. Attorney Brings Evidence Box to Oval Office
Trump criticizes U.S. Attorney Jeanine Pirro for dropping Reflecting Pool vandalism charges, claiming contractor damage not vandalism. Pirro brought evidence box to White House meeting on August 4.
Payne Haas Exits Brisbane Broncos for South Sydney as Club Faces Roster Reckoning
Brisbane Broncos star prop Payne Haas leaves for South Sydney. Club legend Gorden Tallis accuses Broncos of $1m roster blunder that cost them retention of their enforcer as defending champions collapse.
Arashi Inc. Donates ¥50 Million to Kumamoto Earthquake Relief on August 4
Arashi Inc. donated ¥50 million to Kumamoto earthquake relief on August 4, 2026. The group’s corporate entity continues its pattern of large-scale disaster philanthropy following the July 28 earthquake.
SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…
Blanche Kills $1.8B Trump Fund to Win GOP Senate Votes for AG Role
Todd Blanche rescinded Trump’s $1.8B anti-weaponization fund to win backing from GOP senators John Cornyn and Thom Tillis for his attorney general confirmation vote on Tuesday.
BAE’s Brontanax Drone to Use US Engine After Rolls-Royce Dispute
BAE Systems’ Brontanax drone will use an American engine after a cost clash with Rolls-Royce. The decision undermines the ‘all-British’ fighter jet pitch but keeps the project affordable.
DHS Chief Mullin Faces MAGA Backlash Over Immigration Reform Comments on August 3
DHS Secretary Markwayne Mullin faces conservative backlash after advocating immigration reform and employment visa changes at the National Governors Association meeting in Oklahoma City.
Senate Passes Short-Term Spending Bill Through December 11, Blocks Trump Grant Rule
Senate passes short-term spending bill extending government funding through December 11. The measure blocks Trump’s grant rule and rejects $1 billion battleship request.