Shell Quarterly Profit More Than Doubles to $9.84 Billion
Shell reported $9.84 billion in second-quarter net profit as higher oil and gas prices boosted earnings despite a sharp decline in integrated gas production.
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EBay, former executives agree to $55.7 million settlement over blogger harassment
EBay and three former senior executives agreed to pay $55.7 million to settle David and Ina Steiner’s lawsuit over a 2019 stalking and harassment campaign targeting their e-commerce newsletter.
Saudi prince acquires 5% stake in Lucid Motors
A Saudi prince has bought a 5% stake in electric-vehicle maker Lucid Motors amid speculation about a possible take-private transaction that the company has denied.
Apple briefly crosses $5 trillion valuation as investors rotate away from AI stocks
Apple’s market value briefly topped $5 trillion on July 28, 2026, making it the second company to cross the threshold as its shares rose during a broader sell-off in AI and semiconductor stocks.
Qantas test aircraft completes 24-hour Melbourne-to-Toulouse flight
A specially adapted Airbus A350-1000ULR completed a 24-hour, 24-minute test flight from Melbourne to Toulouse on July 28 as Qantas prepares nonstop Australia-Europe services.
GSK Plans Job Cuts and £1.9bn Savings While Investing £400m in UK Research
GSK plans job cuts and a £1.9 billion cost-reduction programme while committing £400 million to UK life sciences and consolidating research operations around Cambridge and Ware.
Johnson & Johnson agrees to estimated $5.5bn talc settlement
Johnson & Johnson has agreed to an estimated $5.5 billion settlement covering about 76,000 US ovarian-cancer claims, subject to acceptance by 95% of eligible claimants.
U.S. Regulator Flags Seat-Safety Checks for 453 Boeing 737 MAX Jets
A U.S. regulator warned that 453 U.S.-registered Boeing 737 MAX jets may need inspections over a seat-safety concern.