- After Robinhood’s IPO, twist to business model may come (Fox Business)
- China will still allow IPOs in the U.S., securities regulator tells brokerages (CNBC)
- Big Oil Shows Confidence That the Era of Large Profits Is Back (Bloomberg)
- China Stocks Rally as Beijing Intensifies Effort to Calm Market (Bloomberg)
- Glaxo Stock Is Stuck in a Rut. Here’s What Can Get It Moving Again. (Barron’s)
- BioMarin Bounces Back With Solid Earnings (Barron’s)
- Hire ‘poor, hungry kids’ instead of ‘entitled’ grads to solve banker talent crisis, Xavier Rolet says (fn)
- Pfizer Covid Vaccine Sales Boom and More to Know From Earnings (Barron’s)
- Teva Stock Climbs as CEO Says Opioid Settlement Could Come Within a Year (Barron’s)
- Fed Says Economic Progress Has Been Made, but It’s Too Soon to ‘Taper.’ What to Know. (Barron’s)
- Katie Ledecky Wins First Gold in Tokyo, Even as Rivals Catch Up (Wall Street Journal)
- Baxter in Early Talks to Buy Medical-Equipment Maker Hill-Rom (Wall Street Journal)
- Dow Edges Lower After Fed Statement (Wall Street Journal)
- $1 Trillion Infrastructure Deal Scales Senate Hurdle With Bipartisan Vote (New York Times)
- Inflation Is New Battle Line as Republicans and Biden Spar Over Spending (New York Times)
- How Biden Can Keep Jerome Powell and Make Progressives Happy (Bloomberg)
- Didi’s Shares Surge on Report It’s Considering Going Private (Bloomberg)
- China Convenes Banks in Bid to Restore Calm After Stock Rout (Bloomberg)
- First Chinese City Doles Out Cash Subsidies to Encourage Births (Bloomberg)
- S. GDP Trails Forecast Even as Consumer Spending Surges (Bloomberg)
- Nokia raises sales guidance (MarketWatch)
- Here’s what’s in the $550 billion bipartisan infrastructure deal (CNBC)
- Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar (CNBC)
- Here’s how much Olympic athletes earn for winning medals (CNBC)
- Facebook beat 2nd-quarter earnings forecasts, but issued a warning on growth. (BusinessInsider)
- China buyers re-emerge, patient Fed saps dollar (Reuters)
- Profit bonanza from mines to main street on economic bounceback (Financial Times)
- European stocks rise as China seeks to ease regulatory jitters (Financial Times)