latest news in companies
Federal Regulators Bar Oil Executive From Chevron Board After OPEC Price Allegations
Washington, Saturday, 26 September 2026.
U.S. regulators barred Hess Corporation CEO John Hess from joining Chevron’s board, alleging he secretly coordinated with OPEC to limit production and inflate global oil prices.
Why Television Networks Are Paying Sports Broadcasters Record High Salaries
New York, Saturday, 26 September 2026.
Television networks are offering record contracts, including Tom Brady’s $375 million deal, to secure top sports commentators and protect live viewership against rising streaming competition.
Nike Co-Founder Phil Knight Pledges $1 Billion to University of Oregon for Engineering School
Eugene, Saturday, 26 September 2026.
Billionaire Phil Knight has donated $1 billion to establish a new engineering college at the University of Oregon, marking the largest contribution ever made to a U.S. public flagship university.
Financial Executive Timur Turlov Named President of International Chess Federation
Lausanne, Saturday, 26 September 2026.
Billionaire financial CEO Timur Turlov was elected FIDE president on September 26, 2026, securing 110 votes and pledging a $7 million investment to modernize global chess governance.
Driscoll's Faces Lawsuit Over Alleged Chemical Berry Exports to Canada
Watsonville, Saturday, 26 September 2026.
A whistleblower lawsuit alleges produce giant Driscoll’s intentionally disabled safety tracking, exporting millions of pounds of pesticide-laden berries to Canada between 2022 and 2024 despite manager warnings.
Security Firm Urges Global Clients to Turn Off Servers After Threat Warning
San Mateo, Saturday, 26 September 2026.
Following federal intelligence warnings of an imminent cyberattack, Kiteworks urged global clients to temporarily shut down servers, marking an unprecedented precautionary measure without evidence of an active breach.
Nvidia Chief Demands Closure for Unsafe Artificial Intelligence Labs
Santa Clara, Saturday, 26 September 2026.
Nvidia CEO Jensen Huang warned that artificial intelligence labs unable to guarantee experimental safety must close down, calling for safety testing compute to increase tenfold under existing liability laws.
Major Social Media Platforms Block Paid Ads for Upcoming Elon Musk Documentary
Los Angeles, Saturday, 26 September 2026.
Meta, YouTube, TikTok, and X have blocked promotional ads for an upcoming Elon Musk documentary, reflecting heightened corporate risk aversion toward political content ahead of its release.