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Alaska Air Posts Q2 Loss, Downgrades Q3 View

Alaska Air posted a second-quarter loss and forecast third-quarter earnings near or below Wall Street expectations as jet fuel costs stay high amid renewed Iran-related tensions, pressuring margins. The airline is diversifying fuel sourcing and raising fares to offset costs, with Q3 guidance ranging from break-even to about $1 a share and continued attention on fuel-driven earnings pressure.

14 sources

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New Jersey: 6,600 Noncitizens Registered to Vote

A software error at the New Jersey Motor Vehicle Commission caused about 6,600 non-citizens to be added to the state’s voter rolls between June 2023 and June 2024, with fewer than 400 of them ultimately voting; officials say they are removing those erroneously registered and have launched an independent investigation into the vendor IDEMIA. Gov. Mikie Sherrill framed the incident as a voter-registration integrity issue amid ongoing scrutiny from President Donald Trump, calling for transparency and accountability while noting the issue predates her tenure.

22 sources

Apple Launches Klarna-backed Upgrade Leasing

Apple is launching the Apple Upgrade device-leasing program, backed by Klarna, set to debut in the U.S. on July 28 with 24-month leases for iPhone and Apple Watch and 36-month leases for Mac and iPad, allowing early upgrades, payoff, or returns as it phases out the current iPhone Upgrade Program. The move, aimed at expanding financing options and customer access to the latest devices, accompanies exclusions such as AppleCare and some devices, and signals Klarna’s growing role in Apple’s device-financing strategy.

23 sources

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Mittal Family-Backed Group in Talks to Buy Minority Liverpool Stake Valued Over $6 Billion

Investors led by Amit Bhatia and backed by the Mittal family are in talks with Fenway Sports Group to acquire a significant minority stake in Liverpool FC, with valuations cited above $6 billion, underscoring strong demand for Premier League assets. The deal could shift investor attention and sentiment around top clubs, including Manchester United, as advisers are engaged and discussions continue.

11 sources

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OpenAI Reports 10 Million Agent Users

OpenAI says 10 million people are using Codex and ChatGPT Work, signaling a rapid shift from prompt-based use to embedded, paid workflow automation across enterprise apps. The surge, aided by GPT-5.6, reshapes monetization and cloud dynamics after Microsoft’s exclusivity was loosened, intensifying competition with Anthropic and Salesforce as organizations pay for integrated agents rather than standalone tools.

7 sources

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Global hunger falls for third year, risks loom

Global hunger fell for the third straight year to 7.8% (about 645 million people) in 2025, led by gains in Asia and Latin America, though Africa remains the region with the most hungry people. Progress is fragile, with climate shocks, higher energy and transport costs, and risks like the Strait of Hormuz and El Niño threatening to undo advances.

9 sources

ZEW Sentiment Surges to 26.3 in Germany

Germany’s ZEW Economic Sentiment jumped to 26.3 in July 2026, driven by stronger export-oriented industries and resilient domestic demand, while the automotive sector remained weak and upside risks from Iran tensions and higher oil prices linger. The Eurozone mood also improved, with the euro-area ZEW sentiment at 23.4, signaling broader optimism alongside Germany’s ongoing reforms, though uncertainties remain.

10 sources

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ADNOC Approves $6.2B Umm Shaif Gas Project

ADNOC has taken a final investment decision worth about $6.2 billion to develop the Umm Shaif gas cap in Abu Dhabi with TotalEnergies, Eni and CNPC, aiming to unlock more than 600 million standard cubic feet per day by 2030 and strengthen the UAE’s gas supply and LNG capabilities. The investment reflects the UAE’s push to boost domestic gas output and energy security amid rising global demand and regional tensions, with related developments like the Bab gas cap expanding output and LNG capacity.

22 sources

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Revolut Bank Australia launches after APRA licence

Revolut has officially become a licensed authorised deposit-taking institution in Australia, launching Revolut Bank Australia with plans to invest around AUD 400 million over five years and migrate existing customers onto the new bank. The bank offers instant-access savings with competitive rates, a no-fee credit card, and government-guaranteed deposits while aiming to disrupt the established Big Four banks and broaden Revolut’s Australian product suite.

14 sources

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South Korea Exports Jump 52% July 1-20

South Korea’s exports for July 1–20 rose 52.3% year-on-year to $54.9 billion, led by a 180% surge in semiconductors, while passenger-car shipments fell about 10.6%, and exports to China and the United States grew strongly. Imports climbed 20% to $42.7 billion, producing a $12.2 billion trade surplus, with the period marking a record high though daily averages suggest volatility as global demand and energy prices influence flows.

14 sources

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AppleCare+ Price Increase Hits New Mac, iPad Plans

Apple has raised AppleCare+ prices for new Mac and iPad subscribers by 50 cents per month and $5 per year, while existing customers keep their current rates; the changes apply to Macs and iPads and come amid broader anticipated hardware price increases, with iPhone pricing expected later. The move follows ongoing adjustments in Apple’s service and product pricing strategy to offset rising costs.

9 sources