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Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes

Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran war.

Nepal buries dead as rescuers seek thousands missing

Nepal was burying on Monday some of the hundreds of bodies retrieved after a deadly, tsunami-like flood crashed through the Himalayan region, sweeping away villages and leaving thousands still missing.

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Sun Capital Welcomes New Equity Partner Zeze Sun, Following $22.7M Strategic Acquisition of Irvine Medical Management

NEW YORK, NY / ACCESS Newswire / August 1, 2025 / In a key leadership move, following a strategic U.S. healthcare acquisition, Sun Capital Partners has officially named Zeze Sun as the new Equity Partner. The promotion comes after recognizing Sun for his instrumental role in the firm's recent M&A transaction with Irvine Medical Management, which is the parent company of Anaheim Surgery Center and A&C Urgent Care. Sun's leadership abilities and tenacious initiative helped spark a significant expansion of Sun Capital's overall operational footprint within the outpatient surgery sector.

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2025, for TYG and TEAF

OVERLAND PARK, KS / ACCESS Newswire / August 1, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.

D. Boral ARC Acquisition I Corp. Announces Closing of $250,000,000 Initial Public Offering

NEW YORK CITY, NEW YORK / ACCESS Newswire / August 1, 2025 / D. Boral ARC Acquisition I Corp. (the "Company") today announced the closing of its initial public offering of 25,000,000 units at a price of $10.00 per unit for total gross proceeds of $250,000,000. The units began trading on The Nasdaq Global Market under the ticker symbol "BCARU" on July 31, 2025. Each unit consists of one of the Company's Class A ordinary shares and one-half of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be traded on The Nasdaq Global Market under the symbols "BCAR" and "BCARW," respectively.

Infinity Bancorp Announces Second Quarter 2025 Financial Results

SANTA ANA, CA / ACCESS Newswire / August 1, 2025 / Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced financial results for the quarter ended, June 30, 2025.

Remitsy Launches Same-Day Money Transfers from Australia to Europe with Industry-Low Fee

SYDNEY, AU / ACCESS Newswire / August 1, 2025 / In response to rising demand for faster and more affordable international payments, Remitsy - PULSEPOINT PTY LTD today announced the official launch of same-day money transfers from Australia to Europe, paired with some of the lowest fees in the market.

Building with Heart: Guardian Roofing HALO Project Unites Entire Team to Deliver Life-Changing Roof for Lake Stevens Couple

LAKE STEVENS, WA / ACCESS Newswire / August 1, 2025 / When Guardian Roofing, Gutters & Insulation named Fred and Rebecca Moore of Lake Stevens as the 2025 recipients of their annual HALO Project, it sparked more than just community pride-it ignited a company-wide movement of compassion, collaboration, and purpose.

Best Business Brokers in the U.S. List Released by IRAEmpire

As entrepreneurs look to exit their businesses, the need for a reliable guide on business brokers has increased considerably. IRAEmpire.com has released its "best business brokers list" to solve this very problem.

Williams Hart & Boundas LLP Celebrates 40 Years of Legal Excellence and Community Commitment

HOUSTON, TEXAS / ACCESS Newswire / August 1, 2025 / Williams Hart & Boundas, a nationally recognized personal injury and mass torts law firm based in Houston, proudly announces its 40th anniversary. Since opening its doors in 1985, the firm has remained steadfast in its mission to advocate for individuals and families impacted by catastrophic injuries, defective products, environmental hazards, and corporate negligence.

Auschwitz Jewish Center Foundation Condemns Lithuania's Desecration of Jewish Cemetery in Vilnius

Nonprofit Calls On UNESCO, European Union, United States To Protect Site

AsiaFIN Names Ghi Geok, Khoo as Chief Financial Officer

Accomplished Finance Leader Brings 25-Plus Years of Finance, Accounting and Audit Experience to AsiaFIN

Atossa Therapeutics and Calidi Biotherapeutics Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

ORLANDO, FL / ACCESS Newswire / August 1, 2025 / RedChip Companies will air interviews with Calidi Biotherapeutics, Inc. (NYSE American:CLDI) and Atossa Therapeutics, Inc. (Nasdaq:ATOS) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV this Saturday, August 2, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.

Gladstone Alternative Income Fund Announces Increase in Monthly Cash Distribution for August 2025

MCLEAN, VA / ACCESS Newswire / August 1, 2025 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of August, increasing the daily dividend rate by approximately 7.9%, in comparison to the July daily dividend rate. The August distribution amount is $0.00192 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning August 1, 2025 and ending August 31, 2025 (for shareholders who own shares all 31 days in August, the distribution will total $0.05952 per share). The distributions will be paid on August 29, 2025 for Dividend Reinvestment Plan ("DRIP") participants and September 1, 2025 for non-DRIP participants.

ATA Creativity Global to Release 2025 Second Quarter Financial Results on August 6

BEIJING, CHINA / ACCESS Newswire / August 1, 2025 / ATA Creativity Global ("ACG" or the "Company"), (Nasdaq:AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity, today announced that it will release financial results for the second quarter and six months periods ended June 30, 2025, after the close of the stock market on Wednesday, August 6, 2025.

Clear Start Tax Warns 1099 Truckers: Unpaid Taxes Could Lead to License Suspensions and Seized Refunds

With IRS enforcement on the rise, self-employed truck drivers face growing financial and legal risks from unfiled returns and unpaid tax debt.

Adapti, Inc. (OTC: ADTI) Announces Contract Extension of MLB Pitcher Seth Lugo Facilitated by Ballengee Group

LAS VEGAS, NV / ACCESS Newswire / August 1, 2025 / Adapti, Inc. (OTC:ADTI) announced today that its newly acquired baseball agency, The Ballengee Group, successfully facilitated a multi-year contract extension for Kansas City Royals starting pitcher Seth Lugo.

Ares Management Announces Second Quarter 2025 U.S. Direct Lending Origination Activity

Approximately $8.8 Billion in New Commitments Closed in the Second Quarter and Approximately $46.5 Billion Closed in the 12 Months Ended June 30, 2025

Google must open Android to rival app stores: US court

A US federal court ruled Thursday that Google must open its Android operating system to rival app stores, after the internet giant lost an appeal in an antitrust case filed by Fortnite maker Epic Games.

Amazon profits surge 35% as AI investments drive growth

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off.

US theater and opera legend Robert Wilson dead at 83

Celebrated US director Robert Wilson, who revolutionized stage and opera, died Thursday at the age of 83, his management said.

EA shooter 'Battlefield 6' to appear in October

Promising vast combat zones and pounding action, team-based first-person shooter "Battlefield 6" is set for release in October, pitting it against longtime rival “Call of Duty” for autumn sales dominance.

Heavyweight shooter 'Battlefield 6' to appear in October

Electronic Arts team-based shooter "Battlefield 6", expected to be one of the hit games of the year, will be released on October 10, the American publisher said Thursday.

Microsoft valuation surges above $4 trillion as AI lifts stocks

Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.

Thousands of Afghans scramble for chance to work in Qatar

When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a shot to make a living in the gas-rich emirate, his own country wracked by unemployment.

Hong Kong sees 3.1% growth in second quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing.

Stocks, dollar mixed tracking Fed, tariffs, results

Major stock markets and the dollar traded mixed Thursday as traders weighed a cautious Federal Reserve, strong tech earnings and new US tariffs.

World Athletics brings in gene tests for female category eligibility

Track and field athletes aiming to take part in the female category in elite competitions will have to take a gene test from September, World Athletics has announced.

BMW says can weather tariff storm despite profit plunge

German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US tariffs, insisting its large American operations meant it could weather the storm.

Shell net profit retreats on lower energy prices

British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices.

Unilever profit slides ahead of ice cream demerger

British consumer goods giant Unilever on Thursday said net profit fell five percent in the first six months of the year, as it prepares to demerge its ice cream business.

Trump announces new tariffs as deadline nears

US President Donald Trump imposed new tariffs to punish or favor major trading partners Wednesday, as governments raced to strike deals with Washington less than 24 hours before an August 1 deadline.

BMW profits slump on China woes, US tariffs

BMW said Thursday its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs.

Firms in Vietnam walk tightrope as Trump's transshipping rule looms

As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.

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Arizona Tribune - Economy (English)