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Restaurant Brands International beat earnings expectations in the second quarter, driven by Burger King’s strong U.S. performance with 8.5% same-store sales growth, though other company brands struggled.
Warner Bros. Discovery reported a 10% increase in streaming revenue to over $3 billion in the second quarter, driven by HBO Max growth amid its proposed merger with Paramount Skydance.
Family offices invested in 57 companies during July, with notable backing for clean energy and sustainability startups including a $10 billion Blue Origin fundraise and multiple renewable energy ventures.
Ford announced its new electric pickup truck, the Fathom, will start at $28,350, aiming to offer an affordable option in the EV truck market with deliveries expected later next year.
President Trump signed an executive order Thursday imposing a 15% tariff on imported polysilicon, a critical semiconductor and solar panel material, setting minimum import prices to take effect in December.
U.S. employers unexpectedly cut 23,000 jobs in July as the labor market softened, with retailers and restaurants shedding positions despite construction and factory gains.
