Business- Page 26

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

Disney Hollywood Studios featuring Pixar branding as the animation studio faces hundreds of job cuts in 2026

Disney Cuts Hundreds of Jobs at Pixar and ESPN in Third Layoff Round of 2026

Walt Disney Co. is cutting several hundred jobs at Pixar, ESPN, and National Geographic in its third round of layoffs in 2026. Pixar bears the brunt as the studio shifts to a

July 21, 2026

by Economy Desk

Tesla electric vehicle representing Q2 earnings and AI cash burn story

Tesla Q2 Earnings Face Cash Burn Test as AI Spending Devours Free Cash Flow

Tesla is set to report Q2 2026 earnings with more than $25 billion in AI spending and negative free cash flow expected all year. Investors are demanding FSD milestones, Optimus production data, and energy division growth to validate Elon Musk's

July 21, 2026

by Technology Desk

Chevrolet truck on the road representing General Motors North American vehicle sales

General Motors Beats Q2 Earnings, North America Profits Jump 43 Percent

General Motors reported Q2 revenue of $48 billion and raised full-year guidance Tuesday, with North American

Pep Boys auto service bays Carl Icahn Mavis Discount Tire acquisition

Carl Icahn Sells Pep Boys to Mavis Discount Tire for $700 Million

Carl Icahn's Icahn Enterprises has agreed to sell the Pep Boys auto-service chain to Mavis Discount

JPMorgan executives warn Senate of shadow banking risks from yield-bearing stablecoins in CLARITY Act

JPMorgan Backs CLARITY Act But Wages War on Stablecoin Yield Provision

Jamie Dimon has pledged to fight the CLARITY Act's stablecoin yield provision 'to the wire,' warning it would recreate the shadow banking risks of 2008. The Senate is targeting a July floor

July 2, 2026

Business·Crypto·News

Cars line up at a Lukoil gas station in Moscow during Russia's fuel rationing crisis

Ukrainian Drones Target Civilian Infarastructure in Russia, Target Refineries

Rationing has spread across more than half of Russia's regions as Ukrainian drone strikes cut fuel output to its lowest level in two decades. Analysts say the damage will take months to

July 2, 2026

Business·Conflicts, Military and War·Economy·News

Abstract view of a glass office building facade, illustrating the Big Four accounting firms

Canberra Weighs Breaking Up the Big Four After KPMG’s Year From Hell

Australia's Treasury released a consultation paper Wednesday proposing to split the Big Four's audit and consulting arms and cap partnerships at 400, the strongest regulatory response yet to a KPMG whistleblower scandal

July 2, 2026

Business·News

Europe’s Crypto Law Just Went Live. Four in Five Firms May Not Survive It.

The European Union's Markets in Crypto-Assets regulation is now fully binding after a transitional period ended June 30. Only 244 firms hold a license against more than 3,000 that operated before, and

July 2, 2026

Business·Crypto·News

President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews

Trump Personally Pocketed $10.7 Million From the Amazon Documentary About His Own Wife

Trump's latest financial disclosure shows he personally collected a $10.7 million licensing fee from Amazon MGM Studios for the Melania documentary, on top of $521,000 from her memoir, reviving a congressional inquiry

July 2, 2026

Business·Government and Politics·News

An illustration of a masked hacker working at a computer in a dark room

Crypto Hacks Hit a Record Pace in 2026. The Money Mostly Went to Two Attacks.

TRM Labs' mid-year data shows 2026 on pace for the most individual crypto hacking incidents on record, yet total losses trail past peak years, because two North Korea-linked strikes on Drift Protocol

July 2, 2026

Business·Crypto·News

A person's hands typing on a smartphone, illustrating the Canadian wireless fee dispute

Canada’s Telecom Regulator Orders Bell, Rogers and Telus to Justify Banned Fees

Canada's telecom regulator opened a formal show-cause proceeding against Bell, Rogers and Telus after all three carriers said they would keep charging fees the CRTC's new junk-fee ban was written to outlaw.

July 2, 2026

Business·News

A screenshot of the Perpetual Limited official website homepage

Perpetual Rejects $1.7 Billion EQT Bid, the Third Suitor Circling Its Remains This Year

Perpetual rejected a $1.7 billion takeover approach from EQT as undervalued, sending its shares up nearly 17% anyway. It is the third major ownership move on the Australian trustee this year, after

July 2, 2026

Business·News

Westpac Plans to Hire 350 Bankers to Claw Back Business Lending Ground From NAB

Westpac plans to hire 350 more business bankers over two years after its new division chief admitted the bank had ‘lost focus and conceded considerable ground’ to National Australia Bank. The hiring

July 2, 2026

Business·News

Andrew Garfield, who plays Sam Altman in Artificial, attends a film screening in London

Neon Rescues Guadagnino’s Sam Altman Film After Amazon Walks Away

Amazon had a nearly finished $40 million film about OpenAI's 2023 boardroom crisis. Weeks after investing $50 billion in the company, Amazon walked away from it, and distributor Neon has now picked

July 2, 2026

Business·Entertainment·Movies·News

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Business- Page 26

Disney Cuts Hundreds of Jobs at Pixar and ESPN in Third Layoff Round of 2026

Tesla Q2 Earnings Face Cash Burn Test as AI Spending Devours Free Cash Flow

General Motors Beats Q2 Earnings, North America Profits Jump 43 Percent

Carl Icahn Sells Pep Boys to Mavis Discount Tire for $700 Million

JPMorgan Backs CLARITY Act But Wages War on Stablecoin Yield Provision

Ukrainian Drones Target Civilian Infarastructure in Russia, Target Refineries

Canberra Weighs Breaking Up the Big Four After KPMG’s Year From Hell

Europe’s Crypto Law Just Went Live. Four in Five Firms May Not Survive It.

Trump Personally Pocketed $10.7 Million From the Amazon Documentary About His Own Wife

Crypto Hacks Hit a Record Pace in 2026. The Money Mostly Went to Two Attacks.

Canada’s Telecom Regulator Orders Bell, Rogers and Telus to Justify Banned Fees

Perpetual Rejects $1.7 Billion EQT Bid, the Third Suitor Circling Its Remains This Year

Westpac Plans to Hire 350 Bankers to Claw Back Business Lending Ground From NAB

Neon Rescues Guadagnino’s Sam Altman Film After Amazon Walks Away

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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