latest news in companies

Scholastic Increases Profits and Secures $400 Million From Real Estate Transactions

Scholastic Increases Profits and Secures $400 Million From Real Estate Transactions

New York, Friday, 19 December 2025.
Scholastic posted $55.9 million in net income while unlocking over $400 million through strategic real estate sales, signaling a major liquidity boost alongside a $150 million share repurchase plan.

American Airlines Ends Mileage Earning for Basic Economy Tickets

American Airlines Ends Mileage Earning for Basic Economy Tickets

Fort Worth, Thursday, 18 December 2025.
American Airlines now prohibits basic economy passengers from earning frequent flyer miles, aligning with Delta’s restrictive policies to incentivize upgrades to higher-margin standard economy fares.

Trump Media Pivots to Fusion Energy in $6 Billion Merger Deal

Trump Media Pivots to Fusion Energy in $6 Billion Merger Deal

New York, Thursday, 18 December 2025.
Trump Media pivots to energy, merging with TAE Technologies in a $6 billion deal to build a utility-scale fusion power plant by 2026, aiming to fuel the AI revolution.

Telehealth Firms Indicted in $100 Million Online Adderall Conspiracy

Telehealth Firms Indicted in $100 Million Online Adderall Conspiracy

San Francisco, Thursday, 18 December 2025.
Federal prosecutors have indicted Done Global and Mindful Mental Wellness in a massive $100 million conspiracy, alleging the firms operated a ‘pill mill’ disguised as digital healthcare. The indictment reveals that over 40 million Adderall pills were distributed to patients—often without legitimate medical need—driven by a subscription model that prioritized revenue over safety. This legal escalation signals a severe regulatory crackdown on telehealth platforms exploiting the online prescription market during a national shortage.

YouTube Secures Exclusive Global Rights to Stream the Oscars Starting in 2029

YouTube Secures Exclusive Global Rights to Stream the Oscars Starting in 2029

Los Angeles, Wednesday, 17 December 2025.
Ending a half-century partnership with ABC, the Academy will exclusively stream the Oscars on YouTube to over 2 billion global viewers starting in 2029.

Lennar Misses Earnings Expectations Despite Revenue Beat and Surge in New Orders

Lennar Misses Earnings Expectations Despite Revenue Beat and Surge in New Orders

Miami, Wednesday, 17 December 2025.
Despite exceeding revenue forecasts and seeing an 18% surge in new orders, Lennar’s Q4 profits dropped by over half to $490 million as tighter margins weighed on performance.

Toro Company Surpasses Profit Expectations on Professional Sector Strength

Toro Company Surpasses Profit Expectations on Professional Sector Strength

Bloomington, Wednesday, 17 December 2025.
Toro outperformed forecasts with record free cash flow of $578 million, as robust professional equipment sales successfully counterbalanced a sharp decline in residential revenue.

Winnebago Industries Appoints John Murabito to Lead Board of Directors

Winnebago Industries Appoints John Murabito to Lead Board of Directors

Eden Prairie, Wednesday, 17 December 2025.
Winnebago Industries elevates independent director John Murabito to Board Chair and declares a $0.35 quarterly dividend, reinforcing strategic continuity and shareholder returns for the outdoor recreation giant.

Vantage Drilling Marks Significant Capital Return as Shares Trade Ex-Dividend

Vantage Drilling Marks Significant Capital Return as Shares Trade Ex-Dividend

Dubai, Wednesday, 17 December 2025.
Vantage Drilling International shares trade ex-dividend today, December 17, triggering a substantial $5.00 per share payout that highlights a major return of capital to shareholders amid expected price adjustments.

Suspect Arrested in Mississippi for Hiding Razor Blades in Walmart Bakery Products

Suspect Arrested in Mississippi for Hiding Razor Blades in Walmart Bakery Products

Biloxi, Wednesday, 17 December 2025.
Authorities charged a Texas woman with attempted mayhem on December 16 after discovering razor blades and a fishing hook concealed inside bakery items at two Biloxi Walmart stores.