Highlights:

• BHP's Bumper Copper Profits Offset China Drag on Iron Ore — First-half earnings jumped over 20% as copper production gains and price strength offset weakness in China-focused iron ore and steelmaking coal. Bloomberg Industries

• Trump Says Government Won't Pay for NJ-NY Tunnel 'Cost Overruns' — The federal government will not cover cost overruns on the $16 billion Hudson River rail tunnel project, which had previously been frozen by the White House. Bloomberg Industries

• Peruvian Tycoon Hit With Wave of Shop Closures in Wealthy Lima Area — An upscale Lima municipality temporarily shuttered over a dozen commercial spaces controlled by a top conglomerate, sparking a dispute with local government. Bloomberg Wealth

• Hyatt's Tom Pritzker Announces Retirement Citing Epstein Ties — Hyatt Hotels Executive Chairman Tom Pritzker is retiring and won't seek reelection to the board, citing an association with disgraced financier Jeffrey Epstein. Bloomberg Industries

• Lufthansa Unblocks New Business-Class Seats on Boeing 787 Model — Most Allegris business-class seats on Lufthansa's new Boeing 787 aircraft are now available for booking after months of certification delays. Bloomberg Industries

• Student Loans May Be Radicalizing UK Taxpayers — See source link. Bloomberg Wealth

• Morgan Stanley Shuffles Investment Banking Leaders in Europe — Morgan Stanley has restructured its European investment banking leadership ahead of an anticipated surge in regional M&A activity. Bloomberg Industries

• Mizuho Securities Reportedly Faces Probe for Insider Trading — Mizuho Financial Group's brokerage unit is under investigation by Japan's financial watchdog for suspected insider trading by staff. Bloomberg Industries