Markets
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SF Express Locates Delivery Points at Bus Stops: Couriers Save 30 Minutes
SF Express is partnering with public transit in China to optimize last-mile delivery. By establishing distribution points in bus stations, like the new Chengdu service, delivery times are reduced by an average of 30 minutes. The station aims to handle over 2,000 packages daily, servicing a wide area. In Zhengzhou, SF Express is piloting using idle bus capacity for overnight package transport. Automation and integrated logistics hubs are further enhancing efficiency and coverage, suggesting a broader integration of logistics into urban infrastructure.
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Dave Announces Promotion of Kyle Beilman to CFO & COO
Dave (NASDAQ:DAVE) has appointed Kyle Beilman as Chief Financial Officer and Chief Operating Officer, effective July 11, 2025. Beilman previously contributed significantly to the company’s financial success, profitability, and operational efficiency. CEO Jason Wilk highlighted Beilman’s strategic leadership and impact across multiple departments. Dave is a leading U.S. neobank providing disruptive banking services.
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Baxter Declares Quarterly Dividend
Baxter International Inc. (BAX) declared a quarterly cash dividend of $0.17 per share, payable on October 1, 2025, to stockholders of record as of August 29, 2025. This establishes an indicated annual dividend rate of $0.68 per share. Baxter, a global medtech leader, provides a wide array of healthcare solutions. The release also contains cautionary statements regarding forward-looking financial projections and potential deviations in dividend payouts.
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Spa Monarch at Monarch Casino Resort Spa Nominated for USA Today 10Best Readers’ Choice Award
Spa Monarch, at Monarch Casino Resort Spa (MCRI) in Black Hawk, Colorado, is nominated for USA TODAY’s 10Best Readers’ Choice Awards (Best Hotel Spa) for the third year. Following top rankings in previous years, the spa introduces Ayurvedic-inspired and high-altitude recovery treatments, like Healing Sound Massage and Mountain Climber Massage. It’s the only Colorado hotel spa on the list. Public voting is open from July 14th to August 11th. The resort also features dining, a hotel, and a rooftop oasis.
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Sinclair Launches Sinclair Cares to Fight Cancer, Partnering with American Cancer Society
Sinclair Broadcast Group is partnering with the American Cancer Society for “Sinclair Cares: Help Drive Out Cancer,” a campaign running July 14-27. It aims to raise awareness and support for ACS’s Road To Recovery®, providing free rides to cancer treatment. Sinclair stations will broadcast content, including a special on July 26th and 27th featuring volunteer drivers and patients. The campaign encourages volunteering, donations, and seeking help through SinclairCares.com, leveraging Sinclair’s reach to address transportation challenges faced by cancer patients.
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Xiaomi Among China’s Top 100 Tech Enterprises in Light Industry; First Smart Appliance Factory to Launch by Year-End
Xiaomi Group is gaining recognition and expanding its smart home capabilities. It was named a “Top 100 Enterprise in China’s Light Industry of Science and Technology” and designated an “Artificial Intelligence Enterprise” in Wuhan. Xiaomi’s first dedicated smart home appliance factory in Wuhan, its third major smart manufacturing facility, is nearing completion and will begin mass production by the end of the year, starting with air conditioning products. This factory will enable Xiaomi to independently develop and manufacture its appliances.
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Northeast China Heatwave Drives 800% Surge in Heilongjiang AC Sales
An unusual heatwave in Northeast China since late June has triggered an unprecedented surge in air conditioner sales. Heilongjiang experienced a staggering 817.68% YoY increase in offline sales in late June, followed by Jilin’s explosive growth. Xiaomi and Midea reported significant sales jumps. This demand overwhelmed supply chains, causing shortages, delivery delays, and straining installation services. Companies are deploying resources to address bottlenecks. Jingdong Logistics reported a 300% increase in air conditioner deliveries, peaking in early July with a 400% YoY order increase.
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Orbec Drills Over 2,000 Meters at Muus Gold Property in Chibougamau, Quebec
Mines d’Or Orbec (BLUE) completed a 2,000+ meter drilling campaign at its Muus property in Quebec’s Abitibi Greenstone Belt, focusing on the Lac Bernard area. Drill holes intersected silicified and pyrite-bearing zones, geological indicators of gold mineralization. The property is near IAMGOLD’s Nelligan Deposit. The company awaits assay results in approximately 6 weeks. Additionally, Orbec granted stock options for 4,150,000 common shares at $0.06 per share, expiring July 11, 2030.
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RVers in Spain: Dream Trip Turns Nightmare as €50k Motorhome Stolen, Recovery Unlikely
A Chinese travel blogger on Xiaohongshu, “Pushing My Wife to See the World,” reported the theft of their entire trailer caravan in San Sebastián, Spain. The loss is estimated at nearly 500,000 RMB ($69,000 USD) and included all belongings, even life-sustaining medication for the blogger’s disabled wife. Witnesses saw individuals hitching the trailer to a French-plated vehicle. RV theft is reportedly an organized crime in the region with a low recovery rate. The blogger warns other travelers to be cautious in Europe.
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Kanye West Concert Debacle: Late Arrival, Early Exit Sparks Fan Outrage
Kanye West’s Shanghai stadium concert has been met with widespread criticism due to organizational issues and perceived poor performance quality. Attendees are complaining about the late start, West’s early exit due to “personal reasons,” and an extended instrumental interlude, resulting in a short performance. The high ticket prices are seen as unjustified. Social media is flooded with negative comments, with the hashtag “Kanye Loses Credibility After Shanghai Stunt” trending.