Markets

A job posting for sanitation workers in Shanghai’s Qingpu District requiring both a written exam and interview sparked online debate. With nearly 5 applicants per position, the “exam + interview” approach aims for fairer selection. The written test assesses basic sanitation knowledge like waste sorting, while the interview evaluates practical skills, communication, and responsibility. The recruiting company clarified that the exam isn’t overly difficult and doesn’t involve complex calculations. Eligibility requires Jinze Town residency and adherence to age requirements, with compensation including social insurance, housing fund, salary, and allowances.

Mercury Insurance plans to file a homeowners insurance rate request using the CDI’s Verisk Wildfire Model, aligning with Commissioner Lara’s Sustainable Insurance Strategy. This initiative aims to expand insurance accessibility in California. Mercury’s CEO, Gabriel Tirador, sees this as a significant advancement for broadening coverage options. Mercury previously offered new policies in Paradise, CA, after the Camp Fire, demonstrating a commitment to resilient communities. Mercury Insurance is a major multi-line insurance carrier operating in multiple states.

A recent assisted driving test by Dongchedi, involving 36 vehicles in simulated accident scenarios, revealed limitations in current systems. While Tesla performed best, no vehicle flawlessly navigated all tests. Chinese systems, including Huawei’s, fared worse. The test sparked debate about methodology but highlights that even advanced features remain assistive, not autonomous. Official media emphasize inherent risks, with dealerships shifting to a “hands-on, eyes-on” marketing approach. Experts stress that drivers must remain attentive and understand the limitations of Level 2 assisted driving systems.

Black Pearl Equities is seeking to acquire up to 49.9% of Regional Health Properties’ outstanding common shares for $4.25 per share, as per their tender offer disclosed on July 18, 2025. The offer, expiring August 31, 2025, is contingent upon securing 45% of shares, waivers on ownership limitations, and no adverse changes to Regional Health Properties. Shareholders are advised to review Black Pearl’s Schedule TO filed with the SEC for complete details and terms. This announcement is for informational purposes only and not a solicitation to sell securities.

LivePerson (LPSN) filed a notice regarding equity-based incentive awards under Nasdaq rule 5635(c)(4). The grants, made via the 2018 Inducement Plan, totaled 16,000 RSUs in July and 51,000 in May, vesting over two years. These awards aim to attract and retain talent, aligning employee incentives with long-term performance in the competitive AI landscape. LivePerson’s Conversational Cloud platform supports major brands with AI-driven interactions.

Modiv Industrial, Inc. (MDV) will release its Q2 2025 earnings before market open on August 7, 2025. A conference call will follow at 11:00 a.m. ET to discuss the results and market insights. The call can be accessed via phone or webcast at viavid.webcasts.com/starthere.jsp?ei=1728161&tp_key=435cf678e4, also available on Modiv’s investor relations page. Analysts are expected to focus on portfolio performance, tenant stability, and the impact of inflation and interest rates on the REIT’s acquisition strategy.

CBB Bancorp, Inc. (CBBI) declared a quarterly cash dividend of $0.10 per common share, payable August 22, 2025, to stockholders of record on August 08, 2025. This decision reflects the Board’s confidence in CBB Bancorp’s financial standing. CBB Bancorp operates as the parent company of Commonwealth Business Bank, which provides financial services to small and medium-sized businesses through branches and loan production offices across multiple states. More information is available at www.cbb-bank.com.

Turing Award winner Robert Tarjan lauded Liu Cixin’s “The Three-Body Problem,” prompting a congratulatory response from the author regarding Tarjan’s upcoming Lifetime Achievement Award. In an interview, Tarjan discussed contrasting views on AI’s future. While some foresee AI surpassing human intellect, Tarjan believes AI development is cyclical and currently overhyped. He argues current AI systems lack the autonomous exploration, sustained curiosity, and goal-oriented behavior necessary to achieve true super-intelligence, drawing parallels to childhood learning.

Tesla investor Ross Gerber criticizes Tesla’s “garbage” Q2 earnings, citing a 12% revenue decline. He attributes the company’s struggles to CEO Elon Musk’s “PR crisis” and believes Musk’s political involvement is alienating consumers, impacting sales. Gerber suggests Musk needs to step back from the public eye to improve Tesla’s image and boost sales. He also advocates for Tesla to release lower-cost models to enhance global competitiveness and believes Tesla is currently in a crisis.

Tractor Supply is launching its first “Purina Days” from July 28 to August 10, featuring deals on Purina pet and livestock products. On August 2nd, stores nationwide will host in-store events with treat tastings and local activities. Neighbor’s Club members get extra perks. Tractor Supply aims to be a comprehensive resource for animal care, offering pharmacy services, subscriptions, and in-store services like Pet Wash stations.