latest news in companies

How a 24-Year-Old Built a Media Empire with 26 Million Followers

How a 24-Year-Old Built a Media Empire with 26 Million Followers

Austin, Saturday, 18 July 2026.
At just 24, James Dumoulin scaled “School of Hard Knocks” to 26 million followers and $11.6 million in revenue by concentrating on a single, powerful core audience.

US Regional Banks See Lending Surge as Economic Optimism Grows

US Regional Banks See Lending Surge as Economic Optimism Grows

New York, Saturday, 18 July 2026.
Driven by a 55% surge in capital markets revenue, major US regional banks reported strong second-quarter gains, signaling robust economic resilience and active consumer demand.

Palantir Chief Warns Artificial Intelligence Boom Will Drastically Widen the Wealth Gap

Palantir Chief Warns Artificial Intelligence Boom Will Drastically Widen the Wealth Gap

Denver, Friday, 17 July 2026.
Palantir CEO Alex Karp warns the AI boom could expand his fortune twentyfold to $300 billion, highlighting a severe systemic wealth gap as middle-class wages lag.

SpaceX Explores Major Deal to Supply Computing Power for Military Artificial Intelligence

SpaceX Explores Major Deal to Supply Computing Power for Military Artificial Intelligence

Washington, Friday, 17 July 2026.
SpaceX is in early talks to sell the Pentagon billions of dollars in data-center capacity to power military artificial intelligence, positioning the rocket company as a major computing provider.

United Airlines Offers Free Flight Swaps to Avoid Renamed Trump Airport

United Airlines Offers Free Flight Swaps to Avoid Renamed Trump Airport

Palm Beach, Friday, 17 July 2026.
Following public backlash over renaming Florida’s Palm Beach Airport after Donald Trump, United Airlines is quietly letting passengers change their flights to alternative local airports for free.

Panasonic Recalls Thousands of Toaster Ovens Sold at Amazon and Costco

Panasonic Recalls Thousands of Toaster Ovens Sold at Amazon and Costco

Washington, D.C., Friday, 17 July 2026.
Panasonic has recalled over 13,000 toaster ovens due to defective power cord insulation that poses fire and shock hazards, though no injuries have been reported yet.

Royal Caribbean Extends Haiti Cruise Cancellations Through Mid-2027

Royal Caribbean Extends Haiti Cruise Cancellations Through Mid-2027

Miami, Friday, 17 July 2026.
Citing persistent violence, Royal Caribbean extended its suspension of stops in Labadee, Haiti, through June 2027, aligning with the U.S. State Department’s Level 4 warning.

Tech Giants Turn to Debt to Fund the Artificial Intelligence Boom

Tech Giants Turn to Debt to Fund the Artificial Intelligence Boom

Austin, Friday, 17 July 2026.
Tech giants have issued a record $182 billion in bonds in 2026 to fund artificial intelligence, raising credit risks and triggering a near-junk rating downgrade for Oracle.

Apple Reclaims Its Position as the World's Most Valuable Company

Apple Reclaims Its Position as the World's Most Valuable Company

New York, Friday, 17 July 2026.
On July 17, 2026, Apple reclaimed the top global valuation spot at $4.88 trillion, surpassing Nvidia as investors shift focus from chip manufacturing to consumer-integrated artificial intelligence.

Kevin O'Leary and Fox News Sued Over False Accusations Against Utah Data Center Critics

Kevin O'Leary and Fox News Sued Over False Accusations Against Utah Data Center Critics

Salt Lake City, Friday, 17 July 2026.
Utah advocates sued Kevin O’Leary and Fox News for defamation after the celebrity investor falsely labeled local data center critics as Chinese agents, later admitting he had no evidence.