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latest news in companies

GlobalFoundries Invests $575 Million in New York for Photonics Center

New York, Saturday, 18 January 2025.
GlobalFoundries’ new packaging and photonics center in New York will enhance manufacturing, create 102 jobs, and strengthen U.S. semiconductor security and geodiversity.

Collective Audience Moves to Expert Market Amid Strategic Acquisition

New York, Friday, 17 January 2025.
Collective Audience transitions to the Expert Market temporarily as it resolves accounting for its BeOp acquisition, positioning itself as a competitive player in the AdTech sector.

CN Launches Hybrid Locomotive to Boost Sustainable Rail Transport

Montreal, Friday, 17 January 2025.
CN introduces a hybrid locomotive, aiming for 50% fuel reduction and operational efficiency, demonstrating innovation amidst increasing environmental and economic pressures.

Capital One Faces Technical Outage Affecting Customer Access

New York, Friday, 17 January 2025.
Capital One’s banking services were disrupted due to a technical issue on 16 January 2025, affecting direct deposits and payment processing. Restoration is expected by 17 January 2025.

CECO Environmental Reports Record Q4 Bookings Amid Strategic Transactions

Dallas, Texas, Friday, 17 January 2025.
CECO Environmental announces Q4 2024 results, including $210 million in bookings and the acquisition of Verantis, amidst plans to divest its Fluid Handling business for strategic optimization.

Titan Mining Plans New Graphite Facility in New York

New York, Thursday, 16 January 2025.
Titan Mining Corporation plans a natural flake graphite facility in New York, enhancing U.S. production capabilities and aiming for a sizeable operating margin on a 40,000 tonne output.

Google Increases Workspace Prices, Adds AI Features at No Extra Cost

Mountain View, Thursday, 16 January 2025.
Google raises Workspace plan prices by $2 per month, offering AI features like email summaries and automated note-taking for free, aligning with competitive AI integrations in business software.

Wall Street Firms Face Class Action Lawsuits Amid Investor Losses

New York City, Thursday, 16 January 2025.
Major firms like Celsius Holdings and Capri Holdings are sued for financial misrepresentation, threatening their financial stability and investor trust.

Avino Silver & Gold Mines Begins Underground Development at La Preciosa

Durango, Mexico, Thursday, 16 January 2025.
Avino Silver & Gold Mines has started underground work at La Preciosa, enhancing production and profitability with its significant silver resources.

Black Hills Corp Advances Wyoming Energy Infrastructure with Key Project

Wyoming, Wednesday, 15 January 2025.
Black Hills Corp energizes the first phase of its Wyoming transmission project, enhancing energy reliability and supporting economic growth, with full completion expected by the end of 2025.