Business- Page 17

Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

US Senate chamber where Democrats reintroduced the Cannabis Administration and Opportunity Act

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Senate Democrats reintroduced the Cannabis Administration and Opportunity Act to fully deschedule marijuana on Wednesday. The $44B industry says rescheduling to Schedule III alone did not fix its banking or tax barriers.

July 22, 2026

by Economy Desk

Anfield stadium home of Liverpool FC as Mittal-backed consortium expresses interest in minority stake purchase from FSG

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

Fenway Sports Group confirmed Tuesday that Amit Bhatia, son-in-law of steel billionaire Lakshmi Mittal, is leading a consortium expressing interest in a minority stake in Liverpool FC. No terms disclosed. No deal finalized. The approach could value Liverpool above $6

July 22, 2026

by Sports Desk

NYSE trading floor with traders and market screens representing Goldman Sachs private markets platform

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

Goldman Sachs launched a private markets investment platform on July 21 giving ultra-wealthy clients structured access

General Motors Cadillac luxury vehicles at an unveiling or auto show event

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

General Motors is returning gas vehicles to the Cadillac lineup, ending the brand's all-electric positioning as

IHC and Adani Group officials sign $11.5 billion aluminium deal in Odisha India July 2026

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

Abu Dhabi's International Holding Company and India's Adani Group signed a $11.5 billion joint venture agreement for an integrated aluminium complex in Odisha, the largest foreign direct investment in India's metals sector,

July 3, 2026

Business·Economy·News

An oil tanker transits the Strait of Hormuz, through which Iran's crude exports surged under the MoU sanctions waiver

Iran Sold 40 to 50 Million Barrels in Two Weeks at a 20 Percent Premium. The Gains Disappear if the Deal Fails.

Iran sold roughly 40 to 50 million barrels of crude oil in the first two weeks after the Islamabad MoU was signed, at a 20 percent premium over blockade-era prices, according to

July 4, 2026

Business·Conflicts, Military and War·Economy·News

Saudi Arabia Public Investment Fund milestone reaching trillion dollar valuation

Saudi Arabia’s PIF Crosses $1.21 Trillion in Assets After Net Profit Doubled in 2025

Saudi Arabia's Public Investment Fund posted SR65.1 billion in net profit in 2025, more than doubling its 2024 figure, as total assets reached $1.21 trillion. The results signal that the kingdom's sovereign

July 3, 2026

Business·Economy·News

Dubai skyline reflecting the city's soaring inflation driven by Iran war petrol surge in May 2026

Dubai Inflation Hits 5.5% in May, Driven by Iran War Petrol Surge

Dubai consumer prices rose 5.5 percent in May, fastest since before the pandemic, driven by Iran war petrol costs and persistent housing pressure. Emirates NBD expects inflation to moderate to 2.9 percent

July 3, 2026

Business·Economy·News

Construction workers rebuilding homes in Pacific Palisades California June 2026 US labor market

US June Jobs Miss Badly: 57,000 Payrolls, Half the Forecast, as Tariffs and War Weigh on Hiring

The US economy added just 57,000 jobs in June, barely half the 115,000 economists had forecast, as leisure and hospitality shed 61,000 positions in peak summer season and downward revisions to April

July 3, 2026

Business·Economy·News

UAE Minister of State for Financial Affairs Mohamed Al Hussaini at Nasdaq Dubai listing of sovereign retail T-sukuk July 2026

UAE Doubles Retail Sukuk After Orders Reach Nine Times the Offering Size

The UAE Finance Ministry received Dh445 million in orders on its first Dh50 million sovereign retail sukuk, nine times what was offered, and doubled the issuance. Nearly half of subscribers were women

July 3, 2026

Business·Economy·News

PM Mark Carney and Alberta Premier Danielle Smith announce new Pacific pipeline framework to diversify Canadian oil exports

Canada Bets on a Pacific Pipeline to Break Its Dependence on the US Oil Market

Canada's federal government and Alberta jointly announced a framework for a 1-million-barrel-per-day Pacific pipeline aimed at diversifying oil exports beyond the US. The same announcement maintained BC's northern tanker ban, leaving the

July 3, 2026

Business·Economy·News

Rivian R2 electric SUV headlight as the company beats Q2 2026 delivery targets and raises guidance

Rivian Beats Q2 Targets, Raises 2026 Guidance Without Federal EV Aid

Rivian delivered 12,194 vehicles in Q2 2026, beating its 9,000-11,000 estimate, and raised its full-year delivery target to 65,000-70,000. The results arrive without the federal EV tax credit and represent a 55

July 3, 2026

Business·Economy·News

Editorial illustration of an AI-themed sandwich representing Jersey Mike's IPO AI language

Jersey Mike’s Files for NYSE IPO, Targeting $12 Billion Valuation

Jersey Mike's Subs filed its IPO registration Thursday for NYSE listing under ticker JMKE as Blackstone targets a $12 billion-plus exit. CEO Charles Morrison, recruited from Wingstop, says the 3,256-store chain is

July 3, 2026

Business·News

Ian De Bode, CEO of Ondo Finance, which deployed the first SEC-aligned tokenized stocks on Ethereum

Ondo Finance Brings SEC-Aligned Tokenized Stocks to Ethereum With BlackRock and Micron

Ondo Finance made the first live production deployment of the SEC's January 2026 custodial tokenization model, placing BlackRock's IVV ETF and Micron Technology shares on Ethereum. Broadridge and an SEC-registered transfer agent

July 3, 2026

Business·Crypto·News

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Business- Page 17

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

Iran Sold 40 to 50 Million Barrels in Two Weeks at a 20 Percent Premium. The Gains Disappear if the Deal Fails.

Saudi Arabia’s PIF Crosses $1.21 Trillion in Assets After Net Profit Doubled in 2025

Dubai Inflation Hits 5.5% in May, Driven by Iran War Petrol Surge

US June Jobs Miss Badly: 57,000 Payrolls, Half the Forecast, as Tariffs and War Weigh on Hiring

UAE Doubles Retail Sukuk After Orders Reach Nine Times the Offering Size

Canada Bets on a Pacific Pipeline to Break Its Dependence on the US Oil Market

Rivian Beats Q2 Targets, Raises 2026 Guidance Without Federal EV Aid

Jersey Mike’s Files for NYSE IPO, Targeting $12 Billion Valuation

Ondo Finance Brings SEC-Aligned Tokenized Stocks to Ethereum With BlackRock and Micron

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

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