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Latest reporting from Business, page 3.

41

Bare wire product pegs in a drugstore cosmetics aisle with a single yellow clearance sticker

Coty Wrote Down $362.8M on Brands Its CEO Named Improving

On November 6, 2025, Coty CEO Sue Nabi named five Consumer Beauty brands and called fiscal 2026 trends 'steadily improving.' The Q3 10-Q, filed six months later, recorded $362.8 million in impairments against four of them; Rimmel, already under a strategic divestiture review Nabi had announced six weeks earlier, does not appear in the write-down.

By Signal Desk

42

An M142 HIMARS rocket launcher parked alone on a military pad under an overcast sky

Canada's HIMARS Deal Was Signed Before Ottawa Said Buy Canadian

In January 2026, Ottawa formally committed to a $2.4 billion purchase of American-made rocket systems. Weeks later it published a "buy Canadian" defense strategy. The Pentagon named Canada as a customer on April 29 anyway.

By Signal Desk

43

A spacecraft bus sits on a platform inside a cavernous government integration facility, surrounded by empty floor space.

Space Force Bet $3.2B on Interceptors. Budget Has $398M.

Space Systems Command awarded 20 Golden Dome space-based interceptor contracts to 12 companies on April 24. The FY2027 base budget carries $398 million against a $17.5 billion Pentagon request.

By Signal Desk

44

Empty operator chair facing a wall of blinking server racks in a high-security data center, lit by overhead fluorescent light

Hegseth Applied a Huawei Label to an American Safety Clause

Eight AI vendors now hold classified-network clearance under the War Department's 'lawful operational use' standard. The phrase displaced Anthropic's categorical bans on autonomous weapons and domestic surveillance.

By Signal Desk

45

Empty trading terminals glow in a Tokyo financial room at late afternoon, a blurred figure walking away as pale overcast light falls through tall windows

JGB Yields Hit a 29-Year High Before Tokyo Intervened

Tokyo's bond market closed at a 29-year yield high before either official spoke. The $34.5 billion in dollar sales came more than three hours later.

By Signal Desk

46

Shadow of a lattice antenna tower stretches across high desert scrubland at dawn in Oregon's Lake County

The Transmitter Order That Outran the Budget

Continental Electronics won a $234.5 million sole-source contract for the Air Force's homeland-defense radar transmitter with $46.3 million obligated at signing from prior-year R&D funds. The remaining $188 million ceiling waits on FY2026 R&D appropriations not yet enacted when the contract was signed, for a program that has never carried a dedicated procurement line.

By Signal Desk

47

Unmarked proxy voting ballots fanned across a conference table in low afternoon light

Shareholders Voted No. Tesla Invested Anyway.

On January 28, Musk told investors the $2 billion xAI stake was 'what shareholders asked us to do.' The November 6 proxy record shows the authorization was voted down: 473 million abstentions, treated as opposition under Tesla's bylaws, overwhelmed the 1.06 billion in favor, and the amended annual report filed April 30 shows those xAI preferred shares have since become SpaceX common stock.

By Signal Desk

48

Two stacks of financial documents on a corporate conference table, one closed, one spread open, shot from above in soft natural light

How YETI Managed Tariffs, Depending on the Audience

On February 19, CEO Matthew Reintjes told investors that brand strength helped the company exceed margin expectations even in an intense tariff environment. The proxy filed 35 days later told the compensation committee they had missed the bonus floor entirely.

By Signal Desk

49

Empty trading floor at dusk with one active terminal showing a crude oil price chart with a sharp decline

The Oil Trades That Kept Running Ahead of the News

Since March 23, traders placed $2.1 billion in crude futures bets minutes before each of Trump's Iran policy announcements, each position correct, each arriving before the news. The CFTC is investigating, and the trades kept coming anyway.

By Signal Desk

50

Patriot missile launch canisters on transport vehicles aligned on a military airfield in late-afternoon light.

The Missile Math Operation Epic Fury Exposed

Raytheon's $441.6 million PATRIOT GEM-T contract, signed 22 days after the ceasefire and funded with fiscal 2026 special funds, tells you what the base budget request was never designed to say.

By Signal Desk

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