latest news in companies
Prominent Investors Bet on Primo Brands Following Post-Merger Stock Drop
New York, Sunday, 6 September 2026.
Despite recent post-merger integration challenges dragging down its stock, hedge fund manager David Einhorn added Primo Brands to his portfolio, targeting an impressive 12% free cash flow yield by 2027.
Definium Therapeutics Advances Clinical Pipeline Amid Insider Selling and Institutional Interest
New York, Saturday, 5 September 2026.
Definium Therapeutics faces pivotal late-stage clinical trials for psychiatric treatments while managing insider share sales, despite strong backing from major institutional investors and bullish Wall Street analyst targets.
Public Media Broadcaster KQED Agrees to $900,000 Wage Theft Settlement
San Francisco, Saturday, 5 September 2026.
San Francisco public broadcaster KQED agreed to pay nearly $900,000 to resolve a class-action wage theft lawsuit covering over 580 hourly workers following alleged California labor law violations.
How Disney's Streaming Expansion Is Driving a FuboTV Turnaround
New York, Saturday, 5 September 2026.
FuboTV is mounting an impressive market recovery as it deepens ties with media giant The Walt Disney Company. Following its late-2025 merger with Hulu + Live TV, Disney secured a 70% majority stake in Fubo, transforming the live-streaming platform into a core element of its digital ecosystem. On July 10, 2026, former Disney+ head Alisa Bowen officially took over as Fubo’s Chief Executive Officer to streamline operations and leverage Disney’s extensive advertising network. Despite enduring heavy short-selling pressure, Fubo recently posted record quarterly revenue of $1.574 billion and targets at least $300 million in pro forma adjusted EBITDA by 2028. As macroeconomic headwinds re-evaluate growth stock valuations across the broader media landscape, Fubo’s deep integration into Disney’s infrastructure positions the platform for a significant operational and financial evolution.
Why Doctors Are Pushing Back Against Claims That AI Can Replace Them
Chicago, Saturday, 5 September 2026.
Despite 66% of US doctors using clinical AI, the American Medical Association strongly rejects a new study claiming standalone algorithms will soon deliver superior patient care without human oversight.
Floating Ships Could Power Homes and Run Artificial Intelligence at Sea
San Francisco, Saturday, 5 September 2026.
Innovative offshore vessels like the Kraaken project use server heat and seawater to run data centers while supplying coastal regions with power and millions of liters of fresh water daily.