latest news in companies

Volkswagen and Audi Launch Online Parts Stores Across American Dealerships

Volkswagen and Audi Launch Online Parts Stores Across American Dealerships

Phoenix, Thursday, 12 November 2026.
Volkswagen Group partnered with RevolutionParts to expand digital aftermarket component sales nationwide, unlocking high-margin digital revenue after participating dealers generated nearly $33 million online last year.

TOP Ships Agrees to Sell Two Tanker Contracts to Related Party

TOP Ships Agrees to Sell Two Tanker Contracts to Related Party

Athens, Thursday, 12 November 2026.
TOP Ships will transfer two oil tanker contracts to affiliate Rubico for $14.5 million, offloading future construction commitments while securing charter revenue potential exceeding $150 million.

Costco Recalls Kirkland Whipped Cream Across 12 States Ahead of Holiday Rush

Costco Recalls Kirkland Whipped Cream Across 12 States Ahead of Holiday Rush

Issaquah, Thursday, 12 November 2026.
Costco recalled thousands of Kirkland whipped cream cans across 12 states after consumers detected cleaning chemicals inside, disrupting crucial holiday supply chains ahead of Thanksgiving.

Newsmax Delivers Profitable Third Quarter Driven by Expanding Audience Demand

Newsmax Delivers Profitable Third Quarter Driven by Expanding Audience Demand

Boca Raton, Thursday, 12 November 2026.
Newsmax posted a record $69.0 million in third-quarter revenue, defying analyst expectations of a loss by generating $15.2 million in profit and maintaining a debt-free balance sheet.

Why Soaring Metal Deliveries Are Driving Record Profits for U.S. Antimony

Why Soaring Metal Deliveries Are Driving Record Profits for U.S. Antimony

Thompson Falls, Thursday, 12 November 2026.
Surging military deliveries helped United States Antimony more than double its third-quarter profit margin to 42%, despite a steep global price slump that led the miner to shift toward volume-based guidance.

Cisco Projects AI Network Sales to Double After Record Quarter

Cisco Projects AI Network Sales to Double After Record Quarter

San Jose, Thursday, 12 November 2026.
Cisco surpassed quarterly forecasts as accelerating data center demand prompted leadership to project $9 billion in artificial intelligence sales this fiscal year, more than doubling previous annual benchmarks.

Horizon Kinetics Approves Twenty-Five Million Dollar Buyback Despite Quarterly Investment Loss

Horizon Kinetics Approves Twenty-Five Million Dollar Buyback Despite Quarterly Investment Loss

New York, Thursday, 12 November 2026.
Despite posting an $18.4 million third-quarter loss from falling investment values, Horizon Kinetics demonstrated financial confidence by authorizing a $25 million share repurchase program backed by resilient management fees.

Ottawa Declares Stellantis in Default Over Brampton Factory Divestment

Ottawa Declares Stellantis in Default Over Brampton Factory Divestment

Ottawa, Thursday, 12 November 2026.
Canada declared Stellantis in default of its subsidy agreement after the automaker agreed to sell its Brampton plant to an armored vehicle maker, despite offering to repay $222 million.

Meta Stock Surge Propels Mark Zuckerberg's Fortune Beyond 225 Billion Dollars

Meta Stock Surge Propels Mark Zuckerberg's Fortune Beyond 225 Billion Dollars

Menlo Park, Thursday, 12 November 2026.
Mark Zuckerberg’s fortune jumped past $225 billion this week, fueled by a single-day $10.7 billion surge as investor enthusiasm grows over Meta’s internal integration of artificial intelligence tools.

Autonomous Software Tackles Corporate Travel Costs and Policy Oversight

Autonomous Software Tackles Corporate Travel Costs and Policy Oversight

Austin, Thursday, 12 November 2026.
Cerebri AI unveiled autonomous system upgrades to reconcile fragmented corporate travel data, enabling businesses to enforce spending compliance and optimize vendor contracts in real time.