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Photo: Armstrong World Industries, Inc. / Wikimedia Commons (Public domain)

Armstrong World raises buyback to $2.5B, boosts dividend

Armstrong World Industries expanded its share repurchase program by $800 million, bringing the total authorization to $2.5 billion and extending the program through December 31, 2029, while also declaring a quarterly dividend of $0.339 per share payable on August 19, 2026 to shareholders of record August 5. The announcements, highlighted by the company’s leadership, underscore its confidence in ongoing cash flow and long-term shareholder value through disciplined capital allocation.

8 sources

Photo: American Baseball / Wikimedia Commons (Public domain)

MLBPA Proposes Expanded Draft Eligibility, June Return

Baseball players want to expand amateur-draft eligibility while keeping 20 rounds and moving the draft to June, including college sophomores alongside upperclassmen and high school seniors, and to boost signing bonuses and flexibility in trades amid looming CBA talks. MLB counterproposals would eliminate high school and junior college eligibility, reduce the draft to 12 rounds by 2027, and pursue broader arena rules such as a potential salary cap, signaling a coming labor confrontation in the CBA negotiations.

6 sources

Photo: White House under the Donald Trump administration / Wikimedia Commons (Public domain)

DC appeals court upholds Navarro contempt conviction

Courts across DC circuits unanimously upheld Peter Navarro's two-contempt convictions for defying the Jan. 6 committee, rejecting his claim that Trump’s supposed executive privilege shielded him and finding no evidence that privilege was ever properly invoked. Navarro has already served a four-month prison term and continues pursuing appeals to overturn the conviction.

6 sources

Photo: U.S. Army photo by Spc. Karleshia Gater / Wikimedia Commons (Public domain)

Mobix Labs Launches National Security Initiative

Mobix Labs unveiled a National Security Matters Initiative to broaden its focus from connectivity into four national-security-aligned pillars: critical resources and advanced materials; defense, aerospace and autonomous systems; energy, water and critical infrastructure; and digital infrastructure and strategic technologies, guided by a disciplined framework for acquisitions, investments, partnerships, and organic growth. The plan reinforces a long-term strategy to strengthen domestic supply chains and industrial capacity, building on the SPD acquisition relationship to pursue opportunities across defense, infrastructure and related sectors.

5 sources

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Iran Attacks Kuwait Power, Water Plants Fourth Day

Iran has attacked Kuwait's power-generation and water-desalination facilities for a fourth consecutive day, causing fires and damage that authorities say are being controlled and repaired. The strikes jeopardize critical desalination-driven water supplies for Kuwait, while diplomacy and broader regional tensions persist amid ongoing U.S. and allied actions.

14 sources

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Marsh & McLennan Q2 Revenue Up 6%

Marsh & McLennan reported Q2 2026 revenue of $7.4 billion, up 6%, with adjusted EPS of $2.96 (up 9%) as CEO John Doyle cited strong demand across risk, people, strategy and investments. The six‑month results showed revenue of $15.0 billion and adjusted EPS of $6.25, with Risk & Insurance Services posting $4.8 billion in quarterly revenue and consulting up 10%, while the company also expanded shareholder value via a 4.5 million share repurchase and a 10% dividend hike.

10 sources

Photo: Deonwillsgh / Wikimedia Commons (CC BY-SA 4.0)

Ant International secures $1.2B for global payments expansion

Ant International raised about $1.2 billion in a Series A, with participation from Ant Group and Alibaba as it pursues global expansion in merchant payments, account management and other financial services, while integrating AI across its infrastructure. The Singapore-based unit, spun out in 2024, operates four units—Alipay+, Antom, WorldFirst and Bettr—across Asia, Europe, the Middle East and Latin America, serving roughly 150 million merchants and 2 billion user accounts and was valued at about $10 billion prior to the funding.

11 sources

Photo: Emily J. Higgins / Wikimedia Commons (Public domain)

Vance Links Epstein to Israeli Intelligence

Vice President JD Vance told Joe Rogan that the Trump administration absolutely screwed up the communications around the Epstein files release and should have released documents more quickly, while denying it was a coordinated cover-up. He also highlighted the challenge of redactions and distinguishing victims from co-conspirators, and cited Epstein’s alleged intelligence connections as part of the broader context.

15 sources

NV Energy begins issuing $63 million in customer refunds over billing misclassifications

NV Energy has begun issuing more than $63 million in refunds to customers misclassified as part of a settlement with the Nevada Public Utilities Commission and the Attorney General’s Bureau of Consumer Protection, with credits applied to current bills and checks mailed to former customers. The refunds cover overcharges tied to a decades-long misclassification, dating back to 2002, affecting tens of thousands of accounts and prompting independent reviews to ensure accurate future billing.