WSJ – U.S. Business (global/Asia spillover)

WSJ – U.S. Business (global/Asia spillover)

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Corporate/market developments often impacting Asia risk sentiment.

Orbital Data-Center Startup Aetherflux Raising New Financing at $2 Billion Valuation
NewsMar 27, 2026

Orbital Data-Center Startup Aetherflux Raising New Financing at $2 Billion Valuation

Orbital data‑center startup Aetherflux announced a new financing round that values the company at $2 billion. The Series B round seeks between $250 million and $300 million, according to sources. Aetherflux is led by Baiju Bhatt, the co‑founder of Robinhood, and plans to develop data...

By WSJ – U.S. Business (global/Asia spillover)
No Cease-Fire With Iran, Trump Says
NewsMar 20, 2026

No Cease-Fire With Iran, Trump Says

President Trump reiterated he will not pursue a cease‑fire with Iran, insisting dialogue can occur while military pressure continues. The Pentagon responded by dispatching three warships and thousands of additional Marines to the Gulf, alongside air‑defense, radar and counter‑drone kits...

By WSJ – U.S. Business (global/Asia spillover)
Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines
NewsMar 18, 2026

Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines

Elliott Investment Management disclosed a new stake in Mitsui O.S.K. Lines (MOL), arguing the Japanese carrier is materially undervalued despite its robust shipping portfolio. The investment adds to Elliott’s growing activist presence in Japan, where it has recently targeted several...

By WSJ – U.S. Business (global/Asia spillover)
He Earns $1,000 a Job—And He’s a Car Dealer’s Worst Nightmare
NewsMar 14, 2026

He Earns $1,000 a Job—And He’s a Car Dealer’s Worst Nightmare

Professional negotiator Tomi Mikula, operating under the brand Delivrd, charges a flat $1,000 fee to haggle car prices for buyers and livestreams the calls to a 600,000‑strong TikTok and YouTube audience. In February 2026 he aimed to close 30 deals,...

By WSJ – U.S. Business (global/Asia spillover)
Auto & Transport Roundup: Market Talk
NewsMar 13, 2026

Auto & Transport Roundup: Market Talk

Uber’s platform is being touted by BMO as the most critical link in the autonomous‑vehicle (AV) value chain, emphasizing its asset‑light, demand‑aggregation model. The firm continues to ink partnerships with a range of AV providers, including a new deal with...

By WSJ – U.S. Business (global/Asia spillover)
Papa John’s Draws Fresh Takeover Interest From Qatari-Backed Fund
NewsMar 12, 2026

Papa John’s Draws Fresh Takeover Interest From Qatari-Backed Fund

A Qatari‑backed investment vehicle, Irth Capital Management, has submitted a bid to take Papa John’s International private, with financial backing from Brookfield Asset Management. The pizza chain’s market value hovers around $1 billion, making it an attractive target for a leveraged...

By WSJ – U.S. Business (global/Asia spillover)
Australian Plastics Recycling Company Targets Critical Minerals
NewsMar 10, 2026

Australian Plastics Recycling Company Targets Critical Minerals

Australian startup Samsara Eco, which uses AI‑designed enzymes to break down plastics into reusable monomers, is raising more than $70 million to apply the technology to extract critical minerals from electronic waste. The company, backed by Temasek, Hitachi’s VC arm and...

By WSJ – U.S. Business (global/Asia spillover)
Oil Is Already Near a Price That Hurts the Economy
NewsMar 9, 2026

Oil Is Already Near a Price That Hurts the Economy

Oil prices surged to nearly $120 a barrel amid the Iran conflict, then fell to about $90 after President Trump suggested the war could end soon. Energy analysts identify $110‑$120 as the threshold where crude demand begins to weaken, indicating...

By WSJ – U.S. Business (global/Asia spillover)
The Third-Largest Coffee Chain in the U.S. Actually Sells Very Little Hot Coffee
NewsMar 1, 2026

The Third-Largest Coffee Chain in the U.S. Actually Sells Very Little Hot Coffee

Dutch Bros, founded by two Oregon dairy farmers, has become the third‑largest coffee chain in the United States, trailing only Starbucks and Dunkin’. The chain’s 1,140 locations serve roughly 90% of their beverages cold, focusing on highly customizable energy drinks...

By WSJ – U.S. Business (global/Asia spillover)
Urban Outfitters’ Rental Business Beats Its Sales Target
NewsFeb 25, 2026

Urban Outfitters’ Rental Business Beats Its Sales Target

Urban Outfitters’ Nuuly rental service posted $568 million in net sales for the year ended Jan. 31, surpassing its $500 million target and delivering $35 million in profit. The platform grew its average active monthly subscribers to 420,000, a 40% increase year‑over‑year, and now...

By WSJ – U.S. Business (global/Asia spillover)
Wingstop Comparable Sales Fall Amid Consumer Weakness
NewsFeb 18, 2026

Wingstop Comparable Sales Fall Amid Consumer Weakness

Wingstop reported a decline in fourth‑quarter comparable sales, ending a streak of double‑digit growth. The company attributed the slowdown to weaker spending among Hispanic and low‑income consumers, both key demographic groups. Inflation‑driven price sensitivity and post‑pandemic foot‑traffic normalization are compounding...

By WSJ – U.S. Business (global/Asia spillover)