President Donald Trump signed an executive order on Wednesday imposing an additional 25% tariff on Indian goods, citing India’s continuous purchasing of Russian oil. This raises the total tariffs on Indian imports to 50%.
Read More Trump imposes additional 25% tariff on India for purchasing more Russian oil, bringing total levies to 50%
McDonald’s second-quarter global comparable sales beat Wall Street estimates, as affordable meal bundles and promotions drew in budget-conscious diners.
Read More McDonald’s global sales top estimates as affordable meal options boost demand
Apple said it would spend $500 billion in U.S. investments that will include a giant factory in Texas for AI servers while adding about 20,000 research and development jobs.
Read More Apple to pledge $100 billion for US manufacturing, White House official says
ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets in exchange for the NFL taking a 10% equity stake in the sports network.
Read More Disney’s ESPN to acquire NFL media assets in major deal
Fox Corp. is entering the direct-to-consumer market in advance of the NFL and NCAA football seasons.
Read More Fox to debut sports, news streaming service on Aug. 21
The U.S. State Department is launching a nearly 12‑month pilot program beginning August 20th requiring some B‑1/B‑2 tourist and business visa applicants from select countries to post refundable bonds of $5,000, $10,000, or $15,000.
Read More State Dept. to roll out program requiring certain foreigners seeking business or tourism visas to post refundable bond