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Investors Face Losses in iTonic Holdings Pump-and-Dump Class Action
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Investors Face Losses in iTonic Holdings Pump-and-Dump Class Action

A securities class action lawsuit targets iTonic Holdings Ltd.—formerly known as Pheton Holdings Ltd.—following allegations that the company served as the centerpiece for a sophisticated pump-and-dump scheme. The litigation centers on a dramatic stock collapse that saw the company’s market capitalization plummet from $765 million to $40.8 million in a single day.

Money Talk·Aug 7
Calumet Reports $95.9 Million Net Loss Amid Debt Reduction Efforts
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Calumet Reports $95.9 Million Net Loss Amid Debt Reduction Efforts

Calumet, Inc. posted a $95.9 million net loss for the second quarter of 2026, a figure heavily influenced by $163.6 million in non-cash charges linked to renewable identification numbers. Despite the bottom-line deficit, the company continued an aggressive deleveraging campaign, retiring $115 million in debt during July.

Women in HVACR Unveils Speaker Lineup for 2026 Indianapolis Conference
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Women in HVACR Unveils Speaker Lineup for 2026 Indianapolis Conference

As the HVACR industry grapples with rapid evolution, Women in HVACR has tapped three industry experts to headline its 2026 annual conference, Built for Speed. The event, scheduled for September 27–29 in Indianapolis, aims to provide attendees with concrete strategies for navigating professional transitions and fostering inclusive workplace cultures.

Rusty Rhodes Returns to MassMutual of South Carolina
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Rusty Rhodes Returns to MassMutual of South Carolina

After two decades navigating the financial services landscape, Rusty Rhodes has rejoined the Greenville office of MassMutual of South Carolina. He returns to the firm with a specific mandate to provide wealth management and protection strategies tailored to the needs of local families and small business owners.

China’s NMPA to Review Alebund’s AP301 for Kidney Disease
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China’s NMPA to Review Alebund’s AP301 for Kidney Disease

Alebund Pharmaceuticals has moved its oral iron-based phosphate binder, AP301, closer to market after China’s National Medical Products Administration formally accepted its New Drug Application. The treatment aims to address hyperphosphatemia in dialysis patients, a persistent challenge where existing therapies often struggle with high pill burdens and patient adherence.

Thryve.Earth Secures Carbon Offtake Deals for Sulawesi Restoration
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Thryve.Earth Secures Carbon Offtake Deals for Sulawesi Restoration

Google, McKinsey, and Tencent have committed to purchase 635,000 tonnes of carbon removal to support a massive agroforestry project in Sulawesi, Indonesia. This capital injection will enable Thryve.Earth to restore 6,000 hectares of degraded land by planting fruit and timber trees that bolster both carbon sequestration and local livelihoods.

Money Talk·Aug 7
Global Polyols Market Poised to Reach $22.49 Billion by 2031
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Global Polyols Market Poised to Reach $22.49 Billion by 2031

The global polyols market is set for steady expansion, with projections indicating a climb from $17.53 billion in 2026 to $22.49 billion by 2031. Driven by a 5.1% annual growth rate, the sector is benefiting from rapid industrialization in the Asia Pacific region and a surge in high-performance polyurethane applications.

Money Talk·Aug 7
HCLTech Secures Top Sustainability Ranking from TIME for Second Year
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HCLTech Secures Top Sustainability Ranking from TIME for Second Year

HCLTech has earned a place on TIME’s World's Most Sustainable Companies 2026 list, securing a top-five position among global professional services firms. The technology giant stands as the highest-ranked company headquartered in India, reflecting its ongoing efforts to integrate environmental and social stewardship into its core business operations.

Money Talk·Aug 7
Trulieve Reports $271 Million in Q2 Revenue Following NYSE Listing
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Trulieve Reports $271 Million in Q2 Revenue Following NYSE Listing

Trulieve Cannabis Corp. posted $271 million in revenue for the second quarter of 2026, marking a period of significant structural transition for the Tallahassee-based operator. The company, which recently became the first U.S. cannabis firm to list on the New York Stock Exchange, reported a net loss driven by the deconsolidation of Harvest.

Money Talk·Aug 7
Acer Hits 13-Year Revenue Peak Driven by AI Desktop Demand
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Acer Hits 13-Year Revenue Peak Driven by AI Desktop Demand

Acer Inc. reported consolidated revenues of NT$26.90 billion for July, marking a 21.9% year-on-year increase. This performance pushed the company’s year-to-July total to NT$184.63 billion, representing a 23.1% rise and securing the highest revenue figures for these periods in over thirteen years.

Money Talk·Aug 7
Thryve.Earth Secures Carbon Removal Pacts for Sulawesi Restoration
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Thryve.Earth Secures Carbon Removal Pacts for Sulawesi Restoration

Google, McKinsey, and Tencent have committed to purchase 635,000 tonnes of carbon removal to support a 6,000-hectare restoration project in Sulawesi, Indonesia. This capital influx enables Thryve.Earth to replace degraded, fire-prone grasslands with productive agroforestry systems, providing both environmental recovery and sustainable income streams for local smallholder farmers.

MDA Space Adds Manufacturing and Satellite Veterans to Board
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MDA Space Adds Manufacturing and Satellite Veterans to Board

As the global space industry accelerates, Toronto-based MDA Space has appointed John Farrell and Stephen Spengler to its Board of Directors. The move brings four decades of manufacturing oversight and satellite telecommunications leadership to the company as it seeks to scale its infrastructure and global operations.

China Yuchai International Reports 57% Profit Surge in First Half
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China Yuchai International Reports 57% Profit Surge in First Half

China Yuchai International posted a 57.4% jump in net profit for the first half of 2026, reaching RMB 841.8 million. Driven by a 13.9% revenue increase to RMB 14.7 billion, the manufacturer saw engine sales climb to 277,684 units, bolstered by robust demand in the truck and off-road power generation sectors.

Century Casinos Reports Record Q2 Revenue Driven by North American Growth
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Century Casinos Reports Record Q2 Revenue Driven by North American Growth

Century Casinos posted record net operating revenue of $152 million for the second quarter of 2026, marking a 1% year-over-year increase. While domestic properties, particularly the Nugget Casino Resort, delivered significant gains, the company’s bottom line remained under pressure from international underperformance and high interest obligations.

Yalla Group to Unveil Second Quarter 2026 Financial Results
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Yalla Group to Unveil Second Quarter 2026 Financial Results

Dubai-based social networking and gaming giant Yalla Group Limited will release its unaudited financial results for the second quarter of 2026 on August 17. The disclosure is scheduled to take place after the close of the U.S. stock market, providing investors with a look at the company's recent performance.

July's Notable Corporate Shifts and Consumer Trends
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July's Notable Corporate Shifts and Consumer Trends

From the return of the Olive Garden Pasta Pass to a major acquisition in the grocery sector, July 2026 saw a surge of brand activity. These headline-making announcements, ranging from pharmaceutical breakthroughs to new product launches, reflect a broader push toward market consolidation and seasonal consumer engagement.

Money Talk·Aug 7
ATTACK SHARK Debuts 39g F1 AIR Flagship Mouse for Esports
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ATTACK SHARK Debuts 39g F1 AIR Flagship Mouse for Esports

Weighing just 39 grams, the new F1 AIR from ATTACK SHARK aims to redefine competitive agility by stripping away every unnecessary milligram. The peripheral brand is targeting high-stakes esports players who require instant reaction times and reduced wrist fatigue, with the device slated for a global launch on August 17.

MDA Space Reports Revenue Surge as Backlog Hits $4 Billion
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MDA Space Reports Revenue Surge as Backlog Hits $4 Billion

With global demand for sovereign and defense space capabilities rising, MDA Space reported second-quarter revenues of $498.6 million, a 34% increase over the previous year. The company bolstered its financial outlook for 2026, citing strong order momentum across its satellite and robotics business segments.

Cashy Casino Debuts With $1 Million Fund for Stranded Players
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Cashy Casino Debuts With $1 Million Fund for Stranded Players

A newly launched platform, Cashy Casino, is attempting to disrupt the industry by establishing a $1 million USDC Justice Fund aimed at compensating users who have been denied winnings at other online casinos. The initiative includes a specific $100,000 allocation reserved exclusively for members of the AskGamblers complaint service.

Tetragon Declares Second Quarter Dividend of 12 Cents per Share
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Tetragon Declares Second Quarter Dividend of 12 Cents per Share

Tetragon Financial Group has declared a dividend of 0.12 U.S. dollars per share for the second quarter of 2026. The payment is scheduled for August 26, following a record date of August 3, with options available for shareholders to receive the payout in company stock or British Sterling.

Money Talk·Aug 7
Yum China Acquires Pizza Hut Mainland Operations for $1.2 Billion
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Yum China Acquires Pizza Hut Mainland Operations for $1.2 Billion

Yum China has finalized the $1.2 billion acquisition of the Pizza Hut brand in Mainland China from parent company Yum! Brands. The deal ends 36 years of licensing arrangements, granting the operator full ownership and control over the brand's strategic direction and expansion across the region.

Money Talk·Aug 7
Agricultural Tire Market Expected to Reach $15.84 Billion by 2035
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Agricultural Tire Market Expected to Reach $15.84 Billion by 2035

The global agricultural tire market is set for steady expansion, with valuations projected to climb from $10.65 billion in 2026 to $15.84 billion by 2035. According to a new study by Radial Insights, this 4.52% annual growth is driven by the rapid adoption of precision farming technologies and the increasing mechanization of developing economies.

Coolita and Indonesian Broadcasters Launch First FAST Media Alliance
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Coolita and Indonesian Broadcasters Launch First FAST Media Alliance

Broadcasters and technology firms have formed the Indonesia FAST Media Alliance in Jakarta to accelerate the shift toward free ad-supported streaming television. Initiated by Coolita and the China Intercontinental Communication Center, the coalition aims to modernize local television distribution while maintaining the traditional free-to-air viewing experience for audiences.

Money Talk·Aug 7
Himel Reframes Residential Electrical Systems for Modern Living
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Himel Reframes Residential Electrical Systems for Modern Living

Moving beyond individual product sales, Himel has expanded its global Dream Home campaign to emphasize integrated electrical ecosystems. By shifting the focus toward how wiring devices, EV chargers, and smart sockets function in concert, the company aims to redefine residential safety, comfort, and sustainability for homeowners across international markets.

Thrupp & Maberly Returns to British Coachbuilding
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Thrupp & Maberly Returns to British Coachbuilding

Tracing its lineage to the eighteenth century, the storied British coachbuilder Thrupp & Maberly has officially relaunched in Coventry. The firm moves away from heritage replicas, shifting its focus toward producing ultra-low-volume, contemporary motor cars designed for an international clientele seeking high-end bespoke craftsmanship and modern engineering.

Money Talk·Aug 7
Coolita and Indonesian Broadcasters Form Nation's First FAST Alliance
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Coolita and Indonesian Broadcasters Form Nation's First FAST Alliance

Broadcasters and technology firms have formed the Indonesia FAST Media Alliance in Jakarta to accelerate the shift toward free, ad-supported streaming television. Initiated by Coolita and the China Intercontinental Communication Center, the coalition seeks to modernize television distribution while maintaining the reach of traditional free-to-air models.

Money Talk·Aug 7
STARCARES Upgrades University of Lagos Medical Campus Basketball Court
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STARCARES Upgrades University of Lagos Medical Campus Basketball Court

In Idi-Araba, Surulere, the College of Medicine at the University of Lagos has unveiled a renovated basketball court, providing 2,000 future healthcare professionals with a dedicated space for recreation. The project, led by the STARTRADER community initiative STARCARES, aims to offer students a physical outlet from their rigorous medical training.

Money Talk·Aug 7
Galaxy Macau and Ant Bank launch integrated resort fintech hub
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Galaxy Macau and Ant Bank launch integrated resort fintech hub

A new financial services station opened today at Galaxy Macau, marking the first time a resort in the city has embedded digital banking directly into its guest experience. The partnership with Ant Bank (Macao) aims to merge travel, retail, and membership ecosystems through on-site fintech facilities.

SK Hynix Commits 54 Trillion Won to Massive AI Memory Expansion
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SK Hynix Commits 54 Trillion Won to Massive AI Memory Expansion

SK Hynix is launching a 54 trillion won expansion project to construct new semiconductor fabrication plants in Yongin and Cheongju. The move aims to cement the company’s position as a dominant supplier in the AI era, specifically targeting the soaring demand for high-bandwidth memory and enterprise-grade NAND storage solutions.