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KMD Brands (ASX:KMD) has rejected a non-binding transaction concept from US-based surfwear company Stokehouse Unlimited.

Myer Holdings (ASX:MYR) reported total sales of $2.28 billion for the half year, a sharp 24.5% increase compared to the previous year.

McLaren Minerals (ASX:MML) identified a 54km mineralised shoreline corridor at its Barrosa Project.

NextEra Energy CEO John Ketchum discusses rising energy demand, AI-driven power needs, and investment and M&A opportunities with Bloomberg's Julie Fine at CERAWeek in Houston.

Submer has acquired Radian Arc, a key GPU software partner of Activeport Group (ASX:ATV).

Silicon Quantum Computing secured a $20 million investment from the National Reconstruction Fund via a SAFE note.

Crusoe CEO Chase Lochmiller discusses the company's data center project in Abilene and the growing energy demands of AI infrastructure with Bloomberg's Julie Fine at CERAWeek in Houston.

The Australian Council of Trade Unions has launched a high-stakes bid for a 5% increase to the national minimum wage.

Oil fell sharply on Monday, again posting one of the biggest price swings on record, after US President Donald Trump said he was holding off on striking Iranian power plants and was negotiating a potential end to the war. Brent and West Texas Intermediate both tumbled more than 14% before clawing back some losses, with the global benchmark closing below $100 for the first time in almost two weeks. Trump's announcement on Truth Social kicked off a dramatic trading session, with the US president backing off a threat of hitting Iranian infrastructure. Iran, for its part, repeatedly denied it was negotiating with the US to end the conflict. Bloomberg News Managing Editor for Energy and Commodities Americas Simon Casey joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

The dollar fell after US President Donald Trump said he would postpone strikes against Iranian energy targets, prompting energy prices to decline. The Bloomberg Dollar Spot Index declined 0.4% Monday in New York trading, reversing gains from earlier in the session when it touched the highest level since December. Trump cited talks about ending the conflict that were later downplayed by Iranian media, but that was enough to bring relief. Brent crude fell sharply to below $100 a barrel and US Treasuries rebounded, sending yields across the curve lower on Monday, while stocks gained. TD Securities Head of FX Strategy Jayati Bharadwaj joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

Tim Cook, who's run Apple since taking over from co-founder Steve Jobs in 2011, probably doesn't expect to be in the room himself for another 15 years. While the tech giant's CEO has given no indication of an imminent transition, he's made it clear he wants his heir to come from within the company so he can serve as a mentor. The central candidate is John Ternus, senior vice president for hardware engineering, who oversees development of the devices that generate roughly 80% of Apple's revenue. At 50, Ternus is also younger than many of the company's other senior leaders, meaning he could be in the top job longer. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Elanco Animal Health CEO Jeff Simmons discusses global supply chains, the current protein 'craze,' and the robust outlook for US farmers. He talks with Katie Greifeld and Romaine Bostick on "The Close."