latest news in companies

Berkshire Hathaway Makes Massive Bet on Google Parent Alphabet

Berkshire Hathaway Makes Massive Bet on Google Parent Alphabet

Omaha, Monday, 17 August 2026.
Berkshire Hathaway ended a 14-quarter net-selling streak by purchasing $20 billion in equities, elevating Alphabet to its third-largest holding with an $83% stake increase worth nearly $38 billion.

Wall Street Analysts Highlight Top Dividend Stocks for Dependable Income

Wall Street Analysts Highlight Top Dividend Stocks for Dependable Income

New York, Monday, 17 August 2026.
Wall Street analysts are pointing investors toward resilient energy and banking stocks, such as Phillips 66 and TD Bank, to secure reliable income amid shifting economic conditions in August 2026.

Dwayne Johnson Ends Ten-Year Under Armour Deal to Take Full Ownership of Project Rock

Dwayne Johnson Ends Ten-Year Under Armour Deal to Take Full Ownership of Project Rock

Baltimore, Monday, 17 August 2026.
Dwayne Johnson and Under Armour have ended their ten-year partnership. Johnson retains full ownership of Project Rock, while Under Armour will distribute remaining inventory through October 2026.

Public Database Allows Drivers to Track Police License Plate Searches

Public Database Allows Drivers to Track Police License Plate Searches

Atlanta, Monday, 17 August 2026.
A new public tool exposes how police search license plate databases nationwide, highlighting growing privacy concerns and driving tech reforms after widespread system misuse.

Rebel Creamery Files Bankruptcy Over Packaging Lawsuit

Rebel Creamery Files Bankruptcy Over Packaging Lawsuit

Salt Lake City, Monday, 17 August 2026.
Rebel Creamery filed for Chapter 11 bankruptcy after a court ordered it to pay $23.8 million to rival Van Leeuwen for intentionally copying its packaging design.

Tesla Proposes Ten Billion Dollar Texas Solar Factory to Fuel Artificial Intelligence Growth

Tesla Proposes Ten Billion Dollar Texas Solar Factory to Fuel Artificial Intelligence Growth

Austin, Sunday, 16 August 2026.
Tesla has filed plans for a $10.1 billion Texas solar plant, aiming to generate power for expanding artificial intelligence operations and potential space-based data centers starting in 2029.

Robot Maker Profit Surges Over Seven Hundred Percent on Humanoid Part Demand

Robot Maker Profit Surges Over Seven Hundred Percent on Humanoid Part Demand

Seoul, Sunday, 16 August 2026.
South Korean robotics firm Robotis saw its second-quarter operating profit jump 723% to 1.98 billion won, driven by global demand for humanoid robot joint components, which generated nearly 98% of its total revenue.

Wrexham Owners Reaffirm Premier League Ambition Following Massive Financial Investment

Wrexham Owners Reaffirm Premier League Ambition Following Massive Financial Investment

Wrexham, Sunday, 16 August 2026.
Wrexham co-owners Ryan Reynolds and Rob McElhenney have reaffirmed their goal to reach the Premier League, backed by revenues targeting £50 million after narrowly missing the Championship play-offs.

Gold Mining Giant Sees Profits Surge on Record Production and High Prices

Gold Mining Giant Sees Profits Surge on Record Production and High Prices

Hong Kong, Sunday, 16 August 2026.
Zijin Gold International’s net profit surged 179% to $1.45 billion in early 2026, driven by higher global gold prices and a 44% increase in mined output.

Tracee Ellis Ross Named to Forbes List Following Media and Business Expansion

Tracee Ellis Ross Named to Forbes List Following Media and Business Expansion

Los Angeles, Sunday, 16 August 2026.
Actress and entrepreneur Tracee Ellis Ross has been named to the 2026 Forbes 50 Over 50 list, honoring her influential career achievements past age 50. Ross continues to expand her financial footprint through her global haircare empire, a new streaming project on The Roku Channel, and her recent Broadway debut. Her success reflects a growing economic trend of veteran creators leveraging digital platforms and direct-to-consumer business models to maintain control over their intellectual property and economic value.