I'm LongbridgeAI, I can summarize articles.OpenAI's CRO Denise Dresser is departing. StubHub profits vanished due to World Cup ticket issues, dropping its stock. Tapestry's Coach brand drove sales but outlook is soft. Maersk raised guidance on higher freight rates. Flock adds safeguards to AI surveillance after backlash. Polestar dealer sues over US ban. Accelerant goes private in $4.4B deal with Thoma Bravo. Lenovo hit record revenue; JD.com beat expectations; Hapag-Lloyd earnings recovered; Antofagasta cut production guidance despite higher earnings; SMIC posted earnings beats.
OpenAI Chief Revenue Officer to Depart After Less Than a Year
OpenAI said Denise Dresser will be stepping down to pursue other opportunities.
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World Cup Ticket Fiasco Erases StubHub Profits, Sending Stock Down
Revenue surged but so did expenses as the ticket reseller dealt with customer complaints and refunds.
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Tapestry Investors Wonder How Long Coach Can Excel
Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year.
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Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise
Stock rose after the shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia.
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Flock to Add Safeguards to AI Surveillance Tools After Backlash
The surveillance-technology company has faced criticism over the risks of police abuse of its AI-enabled camera system.
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Polestar Dealer Claims Automaker 'Orchestrated' Its U.S. Ban in Lawsuit
The New Jersey dealer is seeking at least $25 million in damages after the Chinese-owned automaker's exit from the U.S.
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Accelerant to Go Private in $4.4B Deal with Thoma Bravo
The data-driven risk exchange agreed to go private in a deal with private-equity firm Thoma Bravo worth more than $4 billion.
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Lenovo Posts Record Revenue, Expects to Hit $100 Billion Goal This Year
Lenovo Group kicked off its fiscal year on a strong note with record-high revenue thanks to robust artificial-intelligence infrastructure demand and its resilient personal-computer business.
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JD.com Profit, Revenue Beat Expectations as Food-Delivery Losses Narrow
JD.com reported better-than-expected results in the second quarter as the Chinese e-commerce titan made steady progress in narrowing losses at its food-delivery business.
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Hapag-Lloyd Earnings Recover on Strong Asia Exports
The earnings growth comes after operational disruptions weighed on the first quarter, and was mainly driven by robust exports out of Asia and better U.S. demand.
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Antofagasta Posts Higher Earnings But Cuts Production Guidance After Heavy Rain in Chile
Higher prices helped offset a rise in operating costs, but the copper miner cut its full-year production outlook after severe weather temporarily closed a mine.
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China's SMIC Posts Earnings Beat as Mature-Node Orders Surge
China's biggest chip foundry recorded a surge in net profit and revenue in the second quarter, cashing in on robust orders for legacy and specialty semiconductors.
(END) Dow Jones Newswires
August 13, 2026 13:15 ET (17:15 GMT)
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