Markets

HF Sinclair (DINO) announced final results of its cash tender offer for senior notes. Investors tendered $36.69M of 5.875% notes due 2026 and $163.84M of 6.375% notes due 2027. Acceptance for payment on August 20, 2025, is contingent on completing a concurrent public offering of senior notes expected August 18, 2025. Payout includes principal and accrued interest. The tender offer is part of HF Sinclair’s debt management strategy, aiming to extend maturities and optimize interest expenses.

Chinese appliance maker Gree Electric is increasing its investment in talent acquisition, onboarding over 5,400 university graduates this year, following 6,000 last year. Chairwoman Dong Mingzhu emphasizes the critical role of talent and Gree’s significant investment in young employees, estimated at $28,000 USD per graduate annually. Dong has also advocated for companies to recoup training fees from employees who leave after long-term development, sparking debate over ownership of skills and knowledge gained during employment.

Quest Diagnostics’ Chairman, CEO, and President, Jim Davis, will speak at the Baird 2025 Global Healthcare Conference on September 10, 2025. He will discuss the company’s strategy, performance, and healthcare market trends. A live webcast of the presentation will be available on the Quest Diagnostics investor relations website, with a replay archived for later viewing. Quest Diagnostics aims to improve health outcomes through its extensive diagnostic testing and insights, serving a large segment of the U.S. population.

BlackRock will terminate the iShares iBonds Oct 2025 Term TIPS ETF (IBIB) with a last trading day of October 15, 2025, and a liquidation date around October 20, 2025. iBonds ETFs wind down as they approach their target date, shifting to short-term instruments and cash. BlackRock will continue to offer a range of iBonds ETFs across various asset classes. Investors should review fund objectives and risks in the prospectus before investing, remembering all investing involves risk.

Duke Energy filed an application with FERC to extend the operating license of its Bad Creek Pumped Storage Hydroelectric Station in South Carolina for 50 years. This facility, operating since 1991, is a key energy storage asset on Duke Energy’s grid. The relicensing supports South Carolina’s growth and helps maintain reliable, affordable energy. Recent upgrades increased the plant’s capacity to 1,680 MW of carbon-free energy. A decision from FERC is expected in 2027.

JD.com’s Q2 earnings revealed a 22.4% revenue surge to RMB 356.7 billion, driven by a strong 618 shopping festival and robust performance from JD Retail and JD Logistics. However, aggressive expansion into delivery services, particularly JD Delivery, led to substantial losses (RMB 14.8 billion) within the “new businesses” segment, offsetting retail profit gains. Despite increased user engagement and order volume, these subsidies significantly impacted overall profitability, prompting JD.com to shift towards cross-selling strategies to reduce reliance on its retail business.

Bioxytran’s (BIXT) is advancing tissue-specific oxygen monitoring with the publication of research by Prof. Mayevsky. The research addresses limitations of current oxygen measurements and aims to revolutionize treatment for conditions like stroke and Alzheimer’s. Bioxytran’s MDX Viewer technology and BXT-25 program will serve as a crucial biomarker in clinical trials, potentially transforming oxygen delivery management. The technology targets a shift from peripheral to tissue-specific oxygenation monitoring.

A Chinese company in Jinhua implemented a mandatory overtime policy due to increased orders, sparking online discussion. Absences are restricted to illness, weddings, or funerals. However, the policy includes a 25% pay raise, a summer heat bonus, clear overtime calculation, and drinks throughout the day. Employees are also allowed to bring their children to a supervised, air-conditioned room. Employees generally view the policy positively, praising the owner.

Didi Chuxing is introducing a revamped driver support program to stabilize driver earnings. Key initiatives include lowering the maximum commission cap per ride to 27%, implementing “Commission Rebate Pro” for active drivers guaranteeing a 25% monthly cap, and reducing high-commission rides through subsidies and dispatch optimization. These changes aim to foster a more fair and sustainable ecosystem and improve income transparency via the Didi driver app. The program is being piloted in select cities before a nationwide rollout.

Georgia Power is adding three new natural gas turbines to Plant Yates, its first such project in a decade, to meet growing energy demand. The first American-made turbine from Mitsubishi Power, weighing 350 tons, has arrived. The expansion will add 1,300 MW of capacity and create 600 construction jobs and 15 permanent roles. The advanced turbines offer quick start-up times and can blend hydrogen for cleaner energy, supporting Georgia’s economic growth.