latest news in companies

Wrexham Owners Reaffirm Premier League Ambition Following Massive Financial Investment

Wrexham Owners Reaffirm Premier League Ambition Following Massive Financial Investment

Wrexham, Sunday, 16 August 2026.
Wrexham co-owners Ryan Reynolds and Rob McElhenney have reaffirmed their goal to reach the Premier League, backed by revenues targeting £50 million after narrowly missing the Championship play-offs.

Gold Mining Giant Sees Profits Surge on Record Production and High Prices

Gold Mining Giant Sees Profits Surge on Record Production and High Prices

Hong Kong, Sunday, 16 August 2026.
Zijin Gold International’s net profit surged 179% to $1.45 billion in early 2026, driven by higher global gold prices and a 44% increase in mined output.

Tracee Ellis Ross Named to Forbes List Following Media and Business Expansion

Tracee Ellis Ross Named to Forbes List Following Media and Business Expansion

Los Angeles, Sunday, 16 August 2026.
Actress and entrepreneur Tracee Ellis Ross has been named to the 2026 Forbes 50 Over 50 list, honoring her influential career achievements past age 50. Ross continues to expand her financial footprint through her global haircare empire, a new streaming project on The Roku Channel, and her recent Broadway debut. Her success reflects a growing economic trend of veteran creators leveraging digital platforms and direct-to-consumer business models to maintain control over their intellectual property and economic value.

How Former Toyota Leader Hiroshi Okuda Transformed Global Automaking

How Former Toyota Leader Hiroshi Okuda Transformed Global Automaking

Tokyo, Sunday, 16 August 2026.
Hiroshi Okuda, former Toyota president who accelerated the launch of the revolutionary Prius and expanded global manufacturing, has died at 93, leaving a lasting impact on automotive history.

Infrastructure Giant Tutor Perini Celebrates 22 Years on Wall Street

Infrastructure Giant Tutor Perini Celebrates 22 Years on Wall Street

New York, Sunday, 16 August 2026.
Construction leader Tutor Perini rang the opening bell at the New York Stock Exchange to mark 22 years as a public company and over 130 years in business.

Disney Expands Lorcana Game With First Figment Card

Disney Expands Lorcana Game With First Figment Card

Burbank, Sunday, 16 August 2026.
Disney and Ravensburger announced that EPCOT mascot Figment will join the Disney Lorcana trading card game in 2027, leveraging iconic intellectual property to drive gaming growth.

Disney Reveals First Concept Models for Magic Kingdom's New Villains Expansion

Disney Reveals First Concept Models for Magic Kingdom's New Villains Expansion

Orlando, Sunday, 16 August 2026.
At D23, Disney unveiled physical models for its upcoming Magic Kingdom expansion, showcasing scale-defining twisted trees inspired by classic animated dark forests and European architecture.

Empire Petroleum Cuts Losses as Revenue Rises Despite Lower Oil Output

Empire Petroleum Cuts Losses as Revenue Rises Despite Lower Oil Output

Tulsa, Sunday, 16 August 2026.
Empire Petroleum narrowed its second-quarter net loss to $1.86 million as revenue rose to $9.51 million, though market caution remains as total oil equivalent production fell to 0.17 million barrels.

Apple Delays Base iPhone 18 Launch to Focus on Expensive High-End Models

Apple Delays Base iPhone 18 Launch to Focus on Expensive High-End Models

Cupertino, Sunday, 16 August 2026.
Apple is reportedly delaying its standard iPhone 18 until early 2027 due to supply constraints, leaving high-end models as the only fall release starting around $1,199.

ExxonMobil Profit-Sharing Shift in Guyana Signals Strong Cash Flow Growth

ExxonMobil Profit-Sharing Shift in Guyana Signals Strong Cash Flow Growth

New York, Saturday, 15 August 2026.
ExxonMobil recovered its $55 billion Guyana investment two years early. While its production share drops due to profit-sharing, 2030 free cash flow is projected to double 2025 levels.