latest news in companies
Fervo Energy Secures Landmark Turbine Agreement to Scale Clean Geothermal Power
Houston, Friday, 10 April 2026.
Fervo Energy’s 1.75-gigawatt agreement with Turboden America signals a commercial breakthrough for next-generation geothermal technology, promising to expand current U.S. geothermal power capacity by more than 50 percent.
Federal Regulators Grant Morgan Stanley Flexibility for European Corporate Restructuring
Washington, D.C., Friday, 10 April 2026.
Regulators approved Morgan Stanley’s request for internal restructuring with its German affiliate. Notably, this crucial operational flexibility was granted despite dissenting votes from three Federal Reserve governors.
HEICO Expands Defense Electronics Footprint with 90% Stake in Southwest Antennas
Hollywood, Thursday, 9 April 2026.
On April 9, 2026, HEICO acquired a 90% stake in Southwest Antennas. This strategic cash investment expands HEICO’s defense capabilities and is projected to boost earnings within one year.
Silicon Valley Startup SiFive Secures $400 Million to Challenge Data Center Chip Rivals
San Mateo, Thursday, 9 April 2026.
Valued at $3.65 billion after a $400 million Nvidia-backed funding round, SiFive is targeting the booming data center market by offering open-standard chips ahead of a planned IPO.
BlackBerry Returns to Growth in 2026 as Automotive Software Demand Hits Record Highs
Waterloo, Thursday, 9 April 2026.
Fueled by a massive $950 million royalty backlog in its automotive software division, BlackBerry successfully completed its operational turnaround with a 10% revenue surge in early 2026.
Disney Set to Eliminate 1,000 Positions as New CEO Restructures Operations
Burbank, Thursday, 9 April 2026.
Under new CEO Josh D’Amaro, Disney plans to cut up to 1,000 jobs. This strategic reduction primarily targets the recently consolidated marketing department amid shifting entertainment revenues.
