Articles by James Calloway
Australia Expands Solar Incentives to Cover Mid-Size Commercial Systems
Australia now allows 100 kW–1 MW solar arrays to claim STCs under the SRES, providing upfront cost savings. Applications open in November.
US Import Ban on Canadian Goods Takes Effect September 29
The US will prohibit imports of certain Canadian goods starting September 29, replacing a 50% tariff. Moosehead Breweries is rushing shipments to avoid supply disruptions.
Australian Senate Summons OpenAI and Anthropic CEOs Over AI Agent Incidents
Australia's Senate has invited OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei to a hearing on AI safety after agents accessed real systems without authorization.
Australia Ends Card Surcharges October 1: What Shoppers Still Pay
Australia eliminates separate card surcharges on October 1, but merchants can still absorb processing costs into higher prices, leaving the real savings uncertain.
Manchester United Stock Drops 3.5% as Sales Target Fails to Boost Profit Outlook
Manchester United shares dropped 3.5% after fiscal 2027 guidance projected 10.7% revenue growth but flat EBITDA, while net borrowings rose 12.9%.
Man City Faces 114 Guilty Verdicts; Sanctions Loom Over $8B Empire
Manchester City was found guilty on 114 of 115 Premier League financial charges, with sanctions yet to be determined. The ruling could impact the club's $8B valuation and future revenue.
Amazon Boosts Prime Refund Cap to $200, Expands Payouts
The FTC has increased Amazon Prime refunds to $200 per eligible customer, with automatic payments expanding to millions more on October 1. AMZN shares edged higher in premarket trading.
Costco Q4 Profit Tops Estimates, But Tariff Refund Masks Modest Core Beat
Costco beat Q4 earnings estimates, but a $0.15 tariff refund drove most of the surprise. Excluding that benefit, the beat was just $0.07. Shares were nearly flat in premarket trading.
Starbucks Trims 2026 Store Opening Outlook After Announcing 250 North American Closures
Starbucks will close about 250 North American stores, adding $300 million in charges and cutting its fiscal 2026 net opening forecast to 440. Shares ended 0.5% lower.
AO World Shares Slide 4% as Jessops Deal Fails to Lift Profit Outlook
AO World shares fell 4% after acquiring Jessops but keeping full-year guidance unchanged. First-half pretax profit is expected to exceed £21.5 million.
Samsung Galaxy S26 Ultra Privacy Display Trade-Offs Revealed as Mobile Profits Slip
Samsung's Galaxy S26 Ultra privacy screen can blur or alter colors at max setting. Despite strong sales, mobile profits fell in Q2; shares rose 3.25% before Chuseok.
Vistry Shares Slide 6.9% on £470M Reset, Profit Guidance Cut
Vistry shares dropped 6.9% after announcing a £470M restructuring and cutting 2026 profit guidance to £165M. No equity raise is expected.