Business
Snowflake director Benoit Dageville sells $15.47 million in stock
Business
US and Venezuela reach ‘historic’ oil deal, Trump says
The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, according to President Donald Trump.
“This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans,” Trump posted on social media.
After the US arrested Venezuela’s then-President Nicolás Maduro earlier this year, Trump vowed to tap its reserves – the world’s largest. More recently, he has been under pressure to bring gas prices down at home.
Secretary of State Marco Rubio called the deal “a huge win for both the American and Venezuelan people”. Details have not been released.
“For the Venezuelan people, this deal will bring nearly $100 billion in private investment, support thousands of high-paying jobs, and drive the reconstruction of Venezuela’s economy,” Rubio said on social media.
In his post, Trump said Rubio and Defence Secretary Pete Hegseth had reached the agreement with Venezuela’s interim president, Delcy Rodriguez, “through a partnership with private business”.
He did not elaborate on the partnership or describe possible commitments and terms for the US in the deal, but he did say the agreement was reached “at no cost to the American Taxpayer”.
On 3 January, Maduro and his wife, Cilia Flores, were seized in a military operation authorised by Trump.
In the hours after the raid, Trump said his administration would run Venezuela until a “safe, proper and judicious transition” could take place, adding that the US would indefinitely control the sale of the country’s oil.
Business
Walmart settles for $50M over pharmacies filling invalid prescriptions: DOJ
LSEG head of consumer research Jharonne Martis discusses the mind of the consumer and the Walmart overreaction on ‘Making Money.’
Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to the Department of Justice (DOJ) and Drug Enforcement Administration (DEA).
The government complaint, first filed at the end of President Donald Trump’s first term and amended during former President Joe Biden’s term, accused Walmart of violating the Controlled Substances Act.
“Today’s settlement proves this department is committed to putting Americans’ flourishing first,” Associate Attorney General Stanley Woodward said in a statement. “Congress enacted laws to promote responsibility and accountability for companies who dispense controlled substances to protect Americans.
“This department will never shy away from vigorously enforcing pharmacies’ obligations to comply with those protections, ensuring that potential profits never justify aiding our nation’s opioid epidemic.”
AS A US ATTORNEY, I SEE FENTANYL’S HORRIFYING TOLL UP CLOSE; CONGRESS MUST ACT NOW

Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to th DOJ and DEA. (Bob Riha, Jr./Getty Images, File / Getty Images)
The complaint alleged that Walmart had been filling invalid prescriptions with the knowledge of pharmacists and its compliance team since June 2013.
Some Walmart pharmacists reported the alleged illegal activity to Walmart’s corporate compliance team, including through thousands of “refusal-to-fill” forms, the DOJ said.
“The compliance team, however, prioritized other goals over CSA compliance,” the DOJ said.
“As one director on the compliance team acknowledged in an email, rather than analyzing the refusal-to-fill reports, the compliance team viewed ‘[d]riving sales and patient awareness,’ as ‘a far better use of our Market Directors and Market manger’s time.’”
WALMART MAKES CHANGES TO HOW MILLIONS OF CUSTOMERS CAN PAY AT CHECKOUT

Tablets of the opioid painkiller Oxycodone. (Eric Baradat/AFP via Getty Images, File / Getty Images)
Pharmacists also allegedly knowingly filled invalid prescriptions from “pill mill” prescribers or prescriptions that had red flags, such as dangerous opioid and nonopioid “cocktails,” repeated early fill requests of frequently abused drugs or high-dosages of opioids, according to the DOJ.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 103.09 | +0.46 | +0.45% |
As part of the settlement, the DOJ said Walmart had entered into an agreement to establish a hotline for employees and patients to report suspected illegal activity.

Some Walmart pharmacists reported the alleged illegal activity to the retail giant’s corporate compliance team. (iStock / iStock)
The company must also proactively monitor pharmacy dispensing patterns.
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Walmart did not immediately respond to FOX Business’ request for comment.
Business
White House teleprompter operator settles prediction market trading probe

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Pulse Biosciences COO Liane Teplitsky buys $99,965 in stock

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Corning Stock Makes An Ideal Candidate For A Bull Put Spread
Corning (GLW) stock recently found support at its 200-day moving average and closed near its intraday high Wednesday, up nearly 4%. It was a solid performer in the early part of 2026, and the recent pullback could provide an attractive entry point for bullish option traders. Traders looking for a way to play Corning stock using options could use a…
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Jobs report, Broadcom results pose next hurdles for stock market rally

Jobs report, Broadcom results pose next hurdles for stock market rally
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JS Global Lifestyle Company Limited (JGLCF) Q4 2025 Earnings Call Transcript
Unknown Executive
Dear analysts and investors, good morning. Welcome all of you to come to this 2025 Annual Conference of Global Investors (sic) [ JS Global Lifestyle Company. ] I am [ Jiaohui Zhao ] from our investment department, and this is conducted in Chinese. If you require English interpreting, please switch to English channel. And because there are so many participants today [Operator Instructions]. Thank you so much for cooperation and understanding.
Before the meeting begins, I would like to make a few routine reminders. First, the conference will be recorded. The relevant meeting material will also be published on the company’s official website. You’re welcome to review them after the meeting.
Second, the management’s remarks may contain forward-looking statements regarding future operations. Such statements are subject to uncertainties and actual results may differ from those statements. We also may refer to some certain non-IFRS measures to better present business performance. Please refer to the definition and methodologies provided. So we will get it officially started. The agenda will be as follows: first, management will provide a brief overview of the annual results and the business progress, and then we will come to — there’s a Q&A session to communicate with investors and analysts.
Now first, please allow me to introduce the company’s management today. They are: Executive Director, Chief Executive Officer and Chief Financial Officer, Ms. Han Run; Chief Operating Officer and Head of Finance Office, Mr. Liu Ningqing; Head of Finance of this Joyoung Division, Mr. Kan Jiangang.
Business
Truist, Fifth Third pause products tied to Mark Walter firm amid probe

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IDX’s SPPA Enables Repo Transactions Using SBSN as the Underlying Asset to Promote the Development of Indonesia’s Debt and Money Markets
IDX launched a new Repo transaction service with Sharia Government Securities. The aim is to improve liquidity in the SBSN market and enhance Indonesia’s financial market by increasing Repo transactions.
PT Bursa Efek Indonesia (Indonesia Stock Exchange/IDX), through the Alternative Market Operator System (SPPA), has officially launched a new service featuring Repurchase Agreement (Repo) transactions with Sharia Government Securities (SBSN) as the underlying instrument, effective today, Monday (6/7). This new feature is the result of collaboration between IDX and the Ministry of Finance of the Republic of Indonesia to enhance the liquidity of the SBSN market while supporting the deepening of Indonesia’s financial market through strengthened electronic trading infrastructure.
The development of this feature is expected to stimulate Repo transaction activity involving SBSN, which has remained relatively limited. Throughout 2025, the total value of interdealer SBSN Repo transactions remained below IDR1 trillion, significantly lower than interdealer Government Bond (SUN) Repo transactions, which exceeded IDR2,500 trillion. To address this gap, IDX has introduced the SBSN Repo feature through SPPA, which is expected to serve as a catalyst for improving liquidity in the secondary SBSN market.
Through this enhancement, SPPA service users can now conduct Repo transactions using SBSN as the underlying instrument. The facility provides broader funding alternatives for commercial banks, regional development banks, and other institutional market participants in managing short-term funding requirements, liquidity, and investment portfolios.
Business
Agricultural Bank of China Limited (ACGBY) Q2 2026 Earnings Call Transcript
Zhiheng Wang
President, Executive Vice Chairman of the Board & Chief Compliance Officer
Welcome to 2026 interim results announcement. I am very happy to be here with media friends, analysts, and the investors. Hereby, I would like to extend a warm welcome for you active participation, and also, I would like to express active statements for your long-term support for Agricultural Bank of China. Present at today’s press conference are Vice Governor Lin Li, Wang Dajun, and Board Secretary Liu Qing. We are also joined by the directors who join us online. Here, I would like to extend to you three aspects.
First of all, the operational performance of Agriculture Bank of China. 2026 is the third year of 14th, 5-year plan. The Agriculture Bank of China earnestly implemented the decisions and arrangement of CPC Central Committee and the State Council deeply has practiced the political and people-oriented financial work adhered to the main line of preventing risk and promoting high-quality development. Here, I would like to share with you the five figures for the operational performance of our bank.
The profit growth rate exceeded 5% in the first half year. Net profit had grown by 5.8%, an increase of 1 percentage point compared to the first quarter, and our operating income increased by 11.2% year-on-year, an increase of 0.7 percentage points compared to the first quarter, showing good growth momentum. Also, we — in the first half year, the return on net assets was 10.14%, maintaining a leading
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