latest news in companies

Homebuilder Lennar Suffers 52 Percent Profit Drop Despite Cutting Construction Costs

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.

Swiss Sportswear Brand On Signs Soccer Star Kylian Mbappé

Swiss Sportswear Brand On Signs Soccer Star Kylian Mbappé

Zurich, Friday, 18 September 2026.
Kylian Mbappé ended his Nike partnership to join On Holding, securing an equity stake as the Swiss brand expands into soccer, sending its stock up 5.6%.

KIDZ AI Secures $1.9 Million to Bring Artificial Intelligence Robotics to American Classrooms

KIDZ AI Secures $1.9 Million to Bring Artificial Intelligence Robotics to American Classrooms

New York, Friday, 18 September 2026.
On September 17, 2026, KIDZ AI raised $1.9 million to launch educational robotics across U.S. high schools, targeting a nationwide market of over 16 million students.

Neuralink Brain Implant Restores Speech for Paralysed Patient

Neuralink Brain Implant Restores Speech for Paralysed Patient

Austin, Friday, 18 September 2026.
In a major neurotechnology milestone, a Neuralink clinical trial participant with ALS successfully communicated using a synthetic version of his original voice generated entirely from neural signals.

Costco Hints at the Return of Discontinued Food Court Treat

Costco Hints at the Return of Discontinued Food Court Treat

Issaquah, Friday, 18 September 2026.
Costco is bringing back its controversial twisted churro for a limited time across U.S. warehouses, strategically utilizing menu nostalgia to boost foot traffic and executive membership value.

Warren Buffett Steps Down as Berkshire Hathaway Chairman

Warren Buffett Steps Down as Berkshire Hathaway Chairman

Omaha, Friday, 18 September 2026.
At 96, Warren Buffett has resigned as Berkshire Hathaway chairman, transitioning to chairman emeritus while his son Howard takes over to preserve the firm’s culture alongside CEO Greg Abel.

How DataMeds AI Erased 19 Million Dollars in Debt for Under Half a Million

How DataMeds AI Erased 19 Million Dollars in Debt for Under Half a Million

New York, Friday, 18 September 2026.
Healthcare IT firm DataMeds AI eliminated roughly $19 million in balance sheet liabilities after settling a long-standing legal dispute for just $450,000 and retiring over 360,000 shares.

Amazon Sets Early Holiday Sales Event for October 2026

Amazon Sets Early Holiday Sales Event for October 2026

Seattle, Friday, 18 September 2026.
Amazon has scheduled its 48-hour Prime Big Deal Days for October 6–7, 2026, aiming to capture early Q4 retail spending and ease holiday supply chain strains.

ZenaTech Joins Canada’s Pre-Qualified Military Drone Supplier Network

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

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.