https://nobsfacts.com Unbiased news summaries from CNN, Fox News, BBC, Reuters and more — rewritten by AI to remove spin, opinion, and political bias. Just the facts. en-us No BS Just Facts news@nobsfacts.com (No BS Just Facts) news@nobsfacts.com (No BS Just Facts) Wed, 12 Aug 2026 10:42:33 GMT 60 https://nobsfacts.com/logo.png https://nobsfacts.com 144 144 https://nobsfacts.com/article/19444 https://nobsfacts.com/article/19444 Wed, 05 Aug 2026 19:10:00 GMT MarketWatch business The Protect College Sports Act would establish a salary cap on athlete compensation and restrict the number of times student-athletes can transfer between schools, according to the bill's provisions. The Senate could vote on the measure this week. The legislation has been introduced amid ongoing debate over how to regulate name, image, and likeness (NIL) deals and the transfer portal in college athletics. https://nobsfacts.com/article/19435 https://nobsfacts.com/article/19435 Wed, 05 Aug 2026 18:57:00 GMT MarketWatch business SpaceX stated in its earnings disclosure that it plans to develop wireless capabilities without requiring the extensive network infrastructure investments that traditional carriers currently maintain. https://nobsfacts.com/article/19436 https://nobsfacts.com/article/19436 Wed, 05 Aug 2026 18:50:50 GMT Bloomberg business Kimberly Petillo-Décossard, global co-head of mergers and acquisitions at White & Case, discussed dealmaking trends on Bloomberg Deals with host Dani Burger. The conversation covered current market conditions, volatility, and the impact of federal regulatory policy on deal activity. https://nobsfacts.com/article/19429 https://nobsfacts.com/article/19429 Wed, 05 Aug 2026 18:40:35 GMT Bloomberg business Apollo Global Management reported record fee-related revenue in 2025 or 2026, driven by increased deal activity. The investment firm has expanded its lending operations as it competes for position among major Wall Street lenders. Bloomberg reported the development but did not specify the dollar amount of the record revenue in the available excerpt. https://nobsfacts.com/article/19430 https://nobsfacts.com/article/19430 Wed, 05 Aug 2026 18:36:16 GMT Bloomberg business Iran's government stated it has made no decision on entering a second phase of negotiations with the United States, according to Bloomberg. Former Assistant Secretary of State Barbara Leaf said a potential agreement on the Strait of Hormuz would serve as a starting point for broader discussions rather than a final settlement. Leaf stated she does not believe President Trump's assertion that Iran faces a final deadline to negotiate. She also said reaching durable agreements by November would be e https://nobsfacts.com/article/19416 https://nobsfacts.com/article/19416 Wed, 05 Aug 2026 18:31:00 GMT MarketWatch business SolarEdge Technologies reported lower-than-expected revenue guidance due to challenges in its European market. The company's stock declined approximately 25 percent following the announcement. SolarEdge produces inverters and power optimization systems for solar installations. https://nobsfacts.com/article/19418 https://nobsfacts.com/article/19418 Wed, 05 Aug 2026 18:30:00 GMT MarketWatch business SpaceX released its first earnings report on Wednesday, and the stock price declined following the announcement. Retail investors purchased shares during the price decline. Additional shares are expected to enter the market at a future date. https://nobsfacts.com/article/19433 https://nobsfacts.com/article/19433 Wed, 05 Aug 2026 18:29:42 GMT Bloomberg business Ghana's central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program designed to increase foreign-exchange reserves, according to the International Monetary Fund. The program involved the central bank purchasing gold from local miners at prices above market rates. The IMF assessment was included in a report on Ghana's economic performance during the year. https://nobsfacts.com/article/19419 https://nobsfacts.com/article/19419 Wed, 05 Aug 2026 18:22:40 GMT Bloomberg business AstraZeneca explored an acquisition of Bristol-Myers Squibb, Bloomberg reported, citing people familiar with the matter. A combined company would rank as the largest merger in pharmaceutical industry history by deal value. No announcement of a completed transaction or formal offer was reported. https://nobsfacts.com/article/19420 https://nobsfacts.com/article/19420 Wed, 05 Aug 2026 18:20:31 GMT CNBC business Flutter Entertainment's FanDuel unit saw its U.S. market share decline, according to the company's earnings report. Flutter shares fell following the earnings announcement and the departure of a senior leader. The company did not disclose specific market share percentages or the identity of the departing executive in the provided text. https://nobsfacts.com/article/19407 https://nobsfacts.com/article/19407 Wed, 05 Aug 2026 18:13:45 GMT Bloomberg business Polymarket is seeking to raise capital at a valuation exceeding $20 billion, according to Bloomberg. The prediction market platform previously closed a funding round that included investment from hedge fund D.E. Shaw & Co. https://nobsfacts.com/article/19410 https://nobsfacts.com/article/19410 Wed, 05 Aug 2026 18:05:30 GMT Bloomberg business Mosaic Co. reduced its phosphate fertilizer production in response to increased input costs linked to regional conflict in the Middle East. The company's production adjustments have not offset the financial pressure from rising expenses. Mosaic is a major global fertilizer producer with operations including phosphate extraction and processing. https://nobsfacts.com/article/19424 https://nobsfacts.com/article/19424 Wed, 05 Aug 2026 18:01:58 GMT Bloomberg business Arini and Silver Point Capital are among lenders preparing to take control of Pfleiderer, a wood-paneling company, following the company's inability to meet debt obligations. Strategic Value Partners, which had backed the company, saw its investment diluted as creditors moved to assume control. Pfleiderer had raised fresh debt financing eight months prior to the takeover. https://nobsfacts.com/article/19413 https://nobsfacts.com/article/19413 Wed, 05 Aug 2026 17:56:09 GMT Bloomberg business Ares Management Corp. arranged a $2.2 billion direct loan to finance a healthcare services acquisition. The deal is among the largest completed since the private credit market experienced elevated redemptions in 2026. The transaction was led by Ares as the primary lender. https://nobsfacts.com/article/19402 https://nobsfacts.com/article/19402 Wed, 05 Aug 2026 17:42:46 GMT Bloomberg business BC Partners' credit division is exploring a financing arrangement for LIV Golf as part of an investor group, according to reporting by the news outlet. https://nobsfacts.com/article/19403 https://nobsfacts.com/article/19403 Wed, 05 Aug 2026 17:41:59 GMT Bloomberg business Boeing and Lockheed Martin's rocket joint venture plans to sell bonds in the private market to refinance existing debt. https://nobsfacts.com/article/19394 https://nobsfacts.com/article/19394 Wed, 05 Aug 2026 17:28:56 GMT Bloomberg business Colombian authorities intercepted a bus containing explosives in the country's southwest on Wednesday. The seizure occurred before the scheduled inauguration of President-elect Abelardo de la Espriella. No additional details about the explosives, their origin, or intended target were provided in initial reports. https://nobsfacts.com/article/19382 https://nobsfacts.com/article/19382 Wed, 05 Aug 2026 17:23:12 GMT Bloomberg business Victor Niederhoffer, a commodity trader and speculator, died. No date, location, or additional details were provided in the source material. https://nobsfacts.com/article/19379 https://nobsfacts.com/article/19379 Wed, 05 Aug 2026 17:00:10 GMT Bloomberg business Carlyle Group's Chief Financial Officer Justin Plouffe said the private equity firm is seeing increased activity in capital markets that is accelerating exits from its investments across multiple industries. https://nobsfacts.com/article/19369 https://nobsfacts.com/article/19369 Wed, 05 Aug 2026 16:58:16 GMT Bloomberg business Iran announced it reached an agreement with Oman regarding a proposed shipping route through the Strait of Hormuz. Both countries have been in discussions for multiple days on managing the strait. A joint statement between the two nations is under review, according to Bloomberg. https://nobsfacts.com/article/19372 https://nobsfacts.com/article/19372 Wed, 05 Aug 2026 16:53:15 GMT Bloomberg business The European Union announced an audit scheduled for late August in Brazil that could prevent poultry exports from the country from being banned beginning September 3. The ban was set to take effect due to avian influenza concerns. The audit's outcome will determine whether Brazilian poultry products can continue entering EU markets. https://nobsfacts.com/article/19373 https://nobsfacts.com/article/19373 Wed, 05 Aug 2026 16:52:30 GMT Bloomberg business Starboard Value, an investment firm, built a new stake in Shake Shack, according to CEO Jeff Smith. Smith discussed the investment and Starboard Value's positions in Lamb Weston and CarMax during an appearance on Bloomberg Deals. https://nobsfacts.com/article/19376 https://nobsfacts.com/article/19376 Wed, 05 Aug 2026 16:52:00 GMT MarketWatch business Novo Nordisk, a Danish pharmaceutical company, developed Ozempic and related GLP-1 drugs for weight loss that generated significant revenue. Eli Lilly, a U.S. competitor, introduced its own GLP-1 drug and gained market share in the weight-loss medication sector. As of 2026, Eli Lilly's GLP-1 product held a larger share of the U.S. market for weight-loss drugs than Novo Nordisk's offering. https://nobsfacts.com/article/19341 https://nobsfacts.com/article/19341 Wed, 05 Aug 2026 16:45:00 GMT MarketWatch business Jeff Dean, Google's chief scientist and a founding employee, is leaving the company to start his own venture. Dean's departure was announced on the company's official channels. Alphabet's stock declined following the announcement. https://nobsfacts.com/article/19345 https://nobsfacts.com/article/19345 Wed, 05 Aug 2026 16:35:17 GMT Bloomberg business The US exported 3.2 million barrels of distillate fuel last week, the highest weekly volume on record, according to the Energy Information Administration. Domestic distillate inventories fell for the seventh consecutive week. Global demand for diesel has outpaced production in several major economies, increasing purchases from US refineries. https://nobsfacts.com/article/19346 https://nobsfacts.com/article/19346 Wed, 05 Aug 2026 16:32:21 GMT Bloomberg business Jeff Smith, CEO of Starboard Value, said his firm has taken a position of several hundred million dollars in Shake Shack, according to an interview with Bloomberg Deals. https://nobsfacts.com/article/19337 https://nobsfacts.com/article/19337 Wed, 05 Aug 2026 16:20:55 GMT Bloomberg business Walt Disney reported fiscal third-quarter profit that exceeded Wall Street estimates, with gains from its entertainment division and theme parks in California and Florida contributing to the results. The company's earnings performance was analyzed by Bloomberg Intelligence following the announcement. https://nobsfacts.com/article/19321 https://nobsfacts.com/article/19321 Wed, 05 Aug 2026 16:17:00 GMT CNBC business Google announced a reshuffling of its AI divisions on Wednesday. Jeff Dean, the company's chief scientist, is departing after 27 years at the company. The company did not announce a replacement or successor in the announcement. https://nobsfacts.com/article/19325 https://nobsfacts.com/article/19325 Wed, 05 Aug 2026 16:02:00 GMT MarketWatch business The S&P 500 rose more than 6 percent over five days, according to market data. This marked the index's largest gain since the previous year's tariff-related market movement. https://nobsfacts.com/article/19310 https://nobsfacts.com/article/19310 Wed, 05 Aug 2026 16:00:36 GMT CNBC business Salad and Go filed for Chapter 11 bankruptcy protection. The chain, which operated locations primarily in Arizona, faced financial pressures following a cyclospora outbreak linked to its restaurants in 2023 and subsequent foodborne illness incidents. Volt Investment owned the company at the time of the filing. The chain had expanded to multiple locations before the bankruptcy petition. https://nobsfacts.com/article/19313 https://nobsfacts.com/article/19313 Wed, 05 Aug 2026 15:56:00 GMT MarketWatch business Morgan Stanley projected SpaceX would spend 64 billion dollars on capital expenditures in 2026. The projection included increased spending on artificial intelligence initiatives by the company. https://nobsfacts.com/article/19377 https://nobsfacts.com/article/19377 Wed, 05 Aug 2026 15:53:28 GMT Bloomberg business Paul Malloy departed from Vanguard Group after more than 20 years with the firm, where he oversaw approximately $300 billion in municipal bond assets. Vanguard has not publicly announced details about Malloy's departure date or reasons for leaving. The firm did not immediately identify a replacement for the role. https://nobsfacts.com/article/19314 https://nobsfacts.com/article/19314 Wed, 05 Aug 2026 15:51:00 GMT MarketWatch business SpaceX CEO Elon Musk announced that his company will exclusively use Nvidia chips for artificial intelligence development. https://nobsfacts.com/article/19315 https://nobsfacts.com/article/19315 Wed, 05 Aug 2026 15:50:51 GMT CNBC business SpaceX placed an order with Nvidia for computing equipment, according to CNBC's Investing Club segment "Morning Meeting," which airs weekdays at 10:20 a.m. ET. Jim Cramer, host of the segment, identified a stock he characterized as undervalued during the broadcast. https://nobsfacts.com/article/19316 https://nobsfacts.com/article/19316 Wed, 05 Aug 2026 15:48:39 GMT CNBC business Tanger CEO Stephen Yalof told CNBC the company experienced increased store traffic and sales during the summer months. Yalof attributed the increase to the World Cup. Tanger operates outlet malls across the United States. https://nobsfacts.com/article/19298 https://nobsfacts.com/article/19298 Wed, 05 Aug 2026 15:44:55 GMT CNBC business Disney's Parks, Experiences and Products division reported record quarterly revenue, according to the company's financial results. International travel to the United States remained below previous levels during the period. Disney did not disclose the specific revenue figure or the magnitude of the international travel decline in the headline statement. https://nobsfacts.com/article/19317 https://nobsfacts.com/article/19317 Wed, 05 Aug 2026 15:42:09 GMT CNBC business The Kids Online Safety Act advanced to the Senate floor for consideration. The bill, which addresses child safety on social media platforms, did not move forward in the previous Congress. The measure now awaits a Senate vote. https://nobsfacts.com/article/19299 https://nobsfacts.com/article/19299 Wed, 05 Aug 2026 15:40:20 GMT Bloomberg business The S&P 500 moved toward its longest winning streak since June following strong corporate earnings reports. President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. Equities pared some earlier gains during the trading session. https://nobsfacts.com/article/19318 https://nobsfacts.com/article/19318 Wed, 05 Aug 2026 15:40:20 GMT Bloomberg business Bodycote Plc received takeover bids of approximately £1.6 billion each from CVC Advisers Ltd. and Veritas Capital. Both firms submitted offers for the British industrial services company. The bids triggered a competitive process between the two private equity firms. https://nobsfacts.com/article/19303 https://nobsfacts.com/article/19303 Wed, 05 Aug 2026 15:35:10 GMT CNBC business A SpaceX rocket impacted the Moon on Wednesday, according to reports. The incident involved debris from a Falcon 9 rocket upper stage. SpaceX has not issued a public statement about the impact as of the report date. https://nobsfacts.com/article/19304 https://nobsfacts.com/article/19304 Wed, 05 Aug 2026 15:34:05 GMT Bloomberg business Municipal bond issuance is running at a record pace for a third consecutive year. Global nominal yields have risen during the year's third pullback in rate markets, according to Bloomberg. Nisha Patel, Senior Portfolio Manager for Fixed Income at Parametric, discussed municipal bond market conditions with Bloomberg. https://nobsfacts.com/article/19355 https://nobsfacts.com/article/19355 Wed, 05 Aug 2026 15:33:01 GMT CNBC business Roundhill Investments launched a new exchange-traded fund focused on photonics technology. The firm previously managed DRAM, an ETF that tracks dynamic random-access memory stocks. Photonics involves the use of photons in technology applications, including components used in artificial intelligence systems and data centers. https://nobsfacts.com/article/19307 https://nobsfacts.com/article/19307 Wed, 05 Aug 2026 15:28:00 GMT CNBC business This article is promotional investment advice rather than reportable news. Unable to identify specific verifiable facts about named stocks, dates, or actions that constitute a news event. https://nobsfacts.com/article/19294 https://nobsfacts.com/article/19294 Wed, 05 Aug 2026 15:27:50 GMT Bloomberg business Chris Connors, managing director at Johnson Associates, said bonuses for investment and commercial bankers could increase by 10% to 15% or more in the coming year. Connors noted that some banking sectors would not see similar growth. He made the comments during an appearance on Bloomberg Open Interest. https://nobsfacts.com/article/19282 https://nobsfacts.com/article/19282 Wed, 05 Aug 2026 15:12:16 GMT Bloomberg business Advanced Micro Devices reported second-quarter revenue and issued a third-quarter sales forecast that fell below analyst expectations, causing its stock to decline. Disney's stock rose after the company reported fiscal third-quarter profit that exceeded Wall Street estimates, driven by gains in its entertainment division and theme parks. Shopify shares climbed after the company reported second-quarter revenue that exceeded the average analyst estimate, with President Harley Finkelstein calling i https://nobsfacts.com/article/19329 https://nobsfacts.com/article/19329 Wed, 05 Aug 2026 15:06:40 GMT Bloomberg business Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern host a daily program featuring interviews with financial and government leaders. The show airs on Bloomberg. https://nobsfacts.com/article/19288 https://nobsfacts.com/article/19288 Wed, 05 Aug 2026 15:01:13 GMT Bloomberg business Brazilian supermarket chains are reorganizing shelf space to stock more yogurt products as GLP-1 medication use increases among consumers. Pão de queijo, a traditional Brazilian cheese bread snack, is being given less prominent shelf placement in some stores. The shift reflects changing consumer purchasing patterns in the Brazilian retail market. https://nobsfacts.com/article/19290 https://nobsfacts.com/article/19290 Wed, 05 Aug 2026 15:00:18 GMT CNBC business Amazon's Zoox announced it will begin operating a paid robotaxi service in Las Vegas starting August 10. The service follows Zoox's free ride offerings in parts of Las Vegas and San Francisco, which began less than a year ago. This marks Zoox's transition from free public rides to a commercial paid service. https://nobsfacts.com/article/19278 https://nobsfacts.com/article/19278 Wed, 05 Aug 2026 14:59:00 GMT MarketWatch business Shopify's stock rose on January 15, 2026, following the company's earnings announcement. Analysts attributed the gain to the company maintaining expense controls while forecasting growth. The stock's performance marked its largest single-day increase in approximately one year. https://nobsfacts.com/article/19265 https://nobsfacts.com/article/19265 Wed, 05 Aug 2026 14:46:54 GMT CNBC business The Trump administration announced refunds of tariffs totaling approximately $100 billion that had been imposed under emergency authorities. The administration stated it was implementing alternative legal mechanisms to maintain tariff policies while addressing court challenges to the original tariff authority.