latest news in companies
Homebuilder Lennar Suffers 52 Percent Profit Drop Despite Cutting Construction Costs
Miami, Friday, 18 September 2026.
Lennar’s third-quarter net earnings plunged 52 percent to $284 million as aggressive price discounts and mortgage buydowns eroded margins, proving operational efficiency alone cannot overcome persistent housing affordability pressures.
ZenaTech Joins Canada’s Pre-Qualified Military Drone Supplier Network
Toronto, Friday, 18 September 2026.
ZenaTech has joined Canada’s pre-qualified military drone supplier network, positioning the company to bid on future defense procurement as North America expands its autonomous security technology.
Axe Compute Sells Cancer Diagnostics Unit to Focus Entirely on Artificial Intelligence Infrastructure
New York, Friday, 18 September 2026.
Axe Compute finalized the sale of its Helomics cancer diagnostics lab to DataMEDS AI, completing its operational pivot into a specialized provider of artificial intelligence cloud computing power.