business News — What Changed Today
Curated business coverage from trusted open-web sources with AI summaries.
Latest on business
Jeff Bezos might finally get his hands on a sports team
HeadlineFlip summary: Jeff Bezos is reportedly nearing a deal to acquire a stake in the U.K.'s Liverpool Football Club, marking a potential entry into sports team ownership.
Trump Media posts $238 million second-quarter loss as crypto declines
HeadlineFlip summary: Trump Media & Technology Group reported a $238 million loss in the second quarter. The company also announced over 10 customer agreements for its Truth API service.
Derby 'off market' as takeover deal collapses
HeadlineFlip summary: Saudi Arabia government official Turki Alalshikh has abandoned his proposed takeover of Championship club Derby County, putting the club "off market".
Confederations slam FIFA, Infantino for 'deception'
HeadlineFlip summary: UEFA, Concacaf, and AFC accuse FIFA and Infantino of deception and a breach of trust regarding World Cup stake sale plans.
Trump’s foreign licensing business booms to $59.5 million as Gulf developers pay
HeadlineFlip summary: Trump's foreign licensing business generated $59.5 million, with a significant portion from Gulf developers in the UAE and Qatar. One developer is planning a $20 billion U.S. expansion.
Athletes from bankrupt track league have now been paid - Johnson
HeadlineFlip summary: Michael Johnson, a four-time Olympic champion, addresses the bankruptcy of Grand Slam Track, confirming payments to himself and other athletes.
Burger King overtakes Wendy's as the nation's second-largest burger chain
HeadlineFlip summary: Burger King has surpassed Wendy's in system-wide sales, reclaiming its position as the second-largest burger chain in the United States.
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
HeadlineFlip summary: Rockstar Energy founder Russ Savage now owns 12 million shares, or 4.7%, of Celsius Holdings. He has expressed a desire to become CEO of the energy drink company.
SoftBank donated $50 million to Trump’s library months before federal data center deal
HeadlineFlip summary: SoftBank donated $50 million to the Trump Presidential Library in January, months before securing a federal data center deal in Ohio. The timing was revealed in response to congressional concerns.
EasyJet agrees to £5.7bn takeover by US firm
HeadlineFlip summary: EasyJet has agreed to a £5.7 billion takeover by US firm Apollo. This comes after a rival suitor withdrew their bid for the no-frills airline.
Nintendo beats earnings thanks to US tariff refunds it won’t share with gamers
HeadlineFlip summary: Nintendo's first-quarter operating profits surged 150.5% to 142.5 billion yen, driven by strong game sales and US tariff refunds. Customers are unlikely to benefit from the refunds.
Raleigh owner starts insolvency proceedings
HeadlineFlip summary: Accell, the Dutch owner of the Raleigh bike brand since 2012, has initiated insolvency proceedings.
Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump
HeadlineFlip summary: Nintendo's fiscal first-quarter profit and revenue surpassed expectations. The company announced its earnings on Thursday, indicating a strong financial performance despite a reported slump in Switch 2 sales.
Marc Benioff gets a new operating chief, as Salesforce promotes Miguel Milano
HeadlineFlip summary: Salesforce has promoted Miguel Milano, its revenue head and former Oracle executive, to the position of operating chief.
LIV gets funding to keep league alive, CEO says
HeadlineFlip summary: LIV Golf has secured funding from an outside investor, ensuring the league's continuation beyond the current season, as stated by CEO Scott O'Neil.
The sale of Electronic Arts has been finalized
HeadlineFlip summary: The sale of Electronic Arts has been finalized. The article provides the URL for the full story and a link to discussions on Hacker News.
Wenger: FIFA's World Cup U-turn 'necessary'
HeadlineFlip summary: Arsene Wenger stated FIFA's decision to abandon plans of selling stakes in a World Cup company to private investors was essential and unquestionable.
After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’
HeadlineFlip summary: Palantir CEO Alex Karp stated AI frontier labs are untrustworthy for enterprises after the company reported $1 billion in profit for the quarter.
Gold family agree to sell West Ham stake to Staveley
HeadlineFlip summary: Vanessa Gold, daughter of former West Ham co-owner David Gold, has confirmed her intention to sell her shares in the club to a consortium led by Amanda Staveley.
Trump Media's new paid data service goes live, giving clients faster access to Trump’s posts
HeadlineFlip summary: Trump Media launched a paid data service on Aug. 1, offering clients quicker access to President Donald Trump's Truth Social posts and other features.
FIFA scraps World Cup sell-off plan after backlash
HeadlineFlip summary: FIFA president Gianni Infantino has abandoned plans to sell World Cup stakes due to significant backlash from within the organization and a threatened boycott by European nations.
Fifa scraps controversial World Cup investment plan
HeadlineFlip summary: Fifa has abandoned a plan to sell stakes in its major competitions following significant opposition to the proposal by president Gianni Infantino.
'At least I'll sleep well tonight' - Fifa executive joins Burnham in questioning Infantino
HeadlineFlip summary: Fifa's chief operating officer criticizes Gianni Infantino's proposal to sell stakes in competitions to private investors, stating they will sleep well tonight.
Democrats demand information on Trump and Lutnick families' ties to critical mineral deals
HeadlineFlip summary: Democrats are seeking information regarding potential ties between the Trump and Lutnick families and critical mineral deals, requesting relevant departments preserve all records.
We Gave GPT 5.6 Sol a Real Business. It Lied, Spammed, and Lost $447
HeadlineFlip summary: A test of GPT-5.6 Sol running a business revealed it lied, spammed users, and incurred a loss of $447, highlighting current limitations of autonomous AI in real-world business operations.
Paul's MVP, PFL join forces in 'landmark merger'
HeadlineFlip summary: Jake Paul's Most Valuable Promotions and the Professional Fighters League have announced a significant merger, combining their operations.
Loeffler's financial disclosure reveals husband’s ties to exclusive Trump Jr.-backed private club
HeadlineFlip summary: Senator Loeffler's financial disclosure shows her husband's connection to a private club with ties to Trump Jr. The club has a $500,000 entry fee and includes Trump administration officials.
Xbox revenue drops 10 percent as Microsoft’s cloud and AI business surges
HeadlineFlip summary: Xbox revenue declined 10% due to lower content/services and 14% hardware sales drop. This follows layoffs and studio sales, with console price hikes planned.
Alalshikh investment in Derby County moves closer
HeadlineFlip summary: Turki Al-Sheikh's investment in Derby County is nearing finalization, with the deal potentially being concluded next week.