Industries

• Kinder Morgan Lifts Force Majeure on US-Mexico Gas Pipeline
  Kinder Morgan Inc. is restoring natural gas shipments on its Tennessee Gas Pipeline Co. to Mexico after making repairs that triggered a force majeure earlier this week.
• Isaias Puts 500,000 Barrels a Day of Refining Capacity at Risk
  Nearly 500,000 barrels a day of oil-refining capacity sit in the projected path of Hurricane Isaias, raising the risk that a US fuel market with no supplies to spare will lose critical output.
• Disney Pitches Paramount, Universal on Imax Big-Screen Rival
  Walt Disney Co. has held talks with other studios about using its new brand for large-screen movie formats, often described as a competitor to Imax Corp., to market their films, according to people familiar with the matter.
• Gap Plans to Use Athleta Leader Exit to Rebuild Slumping Brand
  Gap Inc. sees the loss of its top executive at the struggling Athleta brand as an opportunity to “reimagine the brand’s path forward.”
• PG&E Warns of Possible Weekend Power Cuts Amid Windy Weather
  PG&E Corp. is warning that customers in northern California are at risk of losing power this weekend as dry winds elevate the risk of wildfires.
• NFL Asks Supreme Court to Let States Regulate Event Markets
  The National Football League urged the US Supreme Court to allow state regulation of prediction markets in a stance putting it at odds with the Trump administration in a high-stakes clash.
• Carlyle Says Deal to Buy Lukoil International Assets Expired
  US private equity giant Carlyle Group said its agreement to buy most of Lukoil PJSC foreign assets has terminated.
• Oil Traders Are Increasingly Tuning Out Trump’s Iran Rhetoric
• SpaceX Crew Capsule Splashes Down in Pacific After ISS Stay
  A SpaceX capsule carrying four astronauts returned from space and splashed down off the coast of California on Thursday, capping the crew’s mission to the International Space Station.
• American Airlines to Expand Starlink Wi-Fi Across Entire Fleet
  American Airlines Group Inc. plans to extend Elon Musk’s Starlink satellite internet service to more than 1,000 mainline aircraft, as US carriers compete to offer faster in-flight Wi-Fi.
• Defense Startup Raises $30 Million to Launch ‘Bodyguards in Space’
  Fortastra, a Southern California-based startup led by a former SpaceX engineer, has closed a $30 million fundraising round to provide “bodyguards in space” that can help protect civilian and defense satellites.
• Blue Origin IPO Makes Sense Within Next Few Years, Bezos Says
  Blue Origin LLC is likely to pursue an initial public offering within the next several years, after raising billions of dollars in its first outside funding round, billionaire founder Jeff Bezos said.
• French Power Prices Exceed €100 for First Time Since 2023
  French year-ahead power prices rose above €100 a megawatt-hour as renewed risks of US strikes on Iran pushed broader energy markets higher.
• Hungary Plans Energy Overhaul to Cut Europe’s Highest Power Cost
  Hungary is working on a major overhaul of its energy industry to drastically reduce electricity costs that are currently some of the highest in Europe.
• Spotify Renews Lucrative Multiyear Joe Rogan Podcast Deal
  Spotify Technology SA has renewed a multiyear licensing agreement with Joe Rogan, the world’s most popular podcaster.
• Anime Is Winning Over a New Generation of Fans
  Anime is taking up more entertainment time among Gen Z and teenage fans globally, stoking a broader cultural appetite for related merchandise, games and manga.
• Maextro Pledges Brake Redesign After Stock Slides on Test Report
  Anhui Jianghuai Automobile Group Corp Ltd. shares fell by the daily limit in Shanghai after three vehicles from its flagship luxury brand were depicted in a media test with broken brake-pedal supports, prompting the automaker to pledge a redesign of the component and offer a free upgrade to owners.
• Ryanair, Lufthansa Say Tough Pilot Checks Still Leave Risks
  European airlines and regulators can only do so much to deter cockpit attacks like the one during a recent FlyDubai flight, and the aviation industry must accept there’s “no absolute safety and security” even with stringent vetting of pilots.
• Chipotle Jumps on Report Starbucks Has Explored Takeover
  Chipotle Mexican Grill Inc. shares jumped after the Financial Times reported that Starbucks Corp. has worked with advisers in recent months on a takeover proposal for the burrito chain.
• PepsiCo Seeks to Bolster Soda Business, Speed Snack Recovery
  PepsiCo Inc. sounded the alarm over its North American soda business — a fresh concern for a company that’s also working to turn around its snack sales.
• Tesco Says Demand for Quick Deliveries Offset Cost Pressure
  Tesco Plc shrugged off mounting operating costs in its fiscal first half, getting a boost from online sales including same-day deliveries.
• Oryx Energies Sold for About $1 Billion in Management Buyout
  Oryx Energies SA, an Africa-focused trader, was sold for around $1 billion in a management buyout, according to a source familiar with the deal.