Forbes: What You Need To Know About Sadiq Khan's Rent Control Plan For London

By SIMON CONSTABLE

You really can't fix stupid.

Sadiq Khan, the left-leaning mayor of Britain's capital city, London, wants to introduce rent controls as a way to make housing more affordable.

The problem is that doing such a thing will almost certainly have the opposite effect of that desired and will make renting a home even harder.

Here's what you need to know and why it won't work. Read more here.

TheStreet: Harley Davidson Races Past Expectations but Motorcycle Sales Remain Sluggish

By SIMON CONSTABLE

Iconic motorcycle maker Harley Davidson raced past Wall Street expectations in the second quarter. The business, however, is slowing down. Read more here.

Photo by Donald Teel on Unsplash

The Street: Toymaker Hasbro Wins Big in Second Quarter, Crushes Estimates

By SIMON CONSTABLE

Toymaker Hasbro smashed Wall Street earnings estimates in the second quarter on the back of strength in North America.

The company posted adjusted earnings per share of 78 cents vs. analysts' expectations of 50 cents. Last year, the company earned 48 cents a share. Read more here.

TheStreet: Stanley Black & Decker Smashes Earnings Expectations

By SIMON CONSTABLE

Home improvement tools maker Stanley Black & Decker smashed earnings expectations with improved sales and reduced overhead driving the results.

In the second quarter, the company reported adjusted earnings per share of $2.66 vs. Wall Street expectations of $2.55. Earnings a year earlier were $1.93 a share. Read more here.

TheStreet: UBS Profit Rises Slightly but Hampered by Wealth Management, Investment Banking

By SIMON CONSTABLE

Swiss-based financial services company UBS posted a slight increase in second-quarter earnings though the results were hampered in part by its sluggish wealth management and investment banking divisions.

The bank also warned that lower interest rates and politics could impede growth in future profits. Read more here.

Ank Kumar, CC BY-SA 4.0, via Wikimedia Commons

TheStreet: Cal-Maine Foods Gets Scrambled as Earnings Fall on Oversupply of Eggs

By SIMON CONSTABLE

It's no yoking matter. Egg producer Cal-Maine Foods, just laid, well, an egg. Read more here.

Photo by Gabriel Gurrola on Unsplash

TheStreet: Crunch Time for U.S. Firms Wanting to Restart Sales to Huawei

By SIMON CONSTABLE

A White House tech summit scheduled for Monday could be a make or break for U.S. companies wanting to do business with China-based telecom firm Huawei Technologies.

The meeting, which is expected to be attended by tech bosses from Google-owner Alphabet and computer memory manufacturer Micron Technology as well as others, will discuss whether U.S. companies will be able to sell their products and services to Huawei, according to a report from Reuters. Huawei is the world's largest supplier for telecom technology. Read more here.