Sportsman's Warehouse Holdings, Inc. Appoints Michael Tucci to its Board of Directors

Brookfield Corp. said it can manage financing risks tied to a planned US$500 billion partnership to fund AI chip purchases, alongside Nvidia and other financial institutions. Brookfield CFO Nick Goodman cited risk controls like cash-flow contracts. Brookfield reported Q2 distributable earnings of US$1.4 billion (61 cents/share) and profit of US$703 million (14 cents/share).

Akari Therapeutics reported a Q2 2026 net loss of $4.8M, up from $1.9M a year earlier, and said it ended June 30, 2026 with $7.7M cash. The company raised about $8.6M gross proceeds (about $8.0M net) via private placement and warrant exercises. Akari is advancing AKTX-101 toward a planned mid-2027 Phase 1 start.

Gossamer Bio reported Q2 2026 net income of $16.9M and cash, cash equivalents and marketable securities of $57.0M as of June 30, 2026, citing non-operating gains from debt extinguishment. Revenue from collaborators was $9.2M. The company said it plans to submit an NDA for seralutinib in PAH in Sept 2026 and received FDA Pre-NDA Type B minutes. Shareholders approved a convertible note exchange and a potential reverse stock split.

Greenland Energy Company (Nasdaq) and 80 Mile (London) said Greenland authorities warned their partner White Flame Energy after drilling equipment was brought ashore near Nerlerit Inaat Airport without required mineral resources approval. The companies delayed exploration in the Jameson Land Basin, with drilling now unlikely before winter 2027, pending revised permitting.

Australia and New South Wales will provide A$2.5B (US$1.76B) to keep Rio Tinto’s majority-owned Tomago aluminium smelter operating beyond 2028. A 10-year electricity contract runs 2028-2038, with renewables from 2033. Tomago produced 574,000 tonnes in 2023 and can make 590,000 tonnes/year; electricity is over 40% of costs.

Australia’s Commonwealth and NSW governments agreed to jointly fund a renewables-led energy solution for the Tomago aluminium smelter, near Newcastle, to keep operations beyond 2028. The $2.5 billion package includes a government-backed power agreement to 2038 and at least $1.1 billion in upgrades by Tomago Aluminium, majority-owned by Rio Tinto.