latest news in companies
IHRA Consolidates Market Position with Purchase of Two Historic Venues
Fairfield, Friday, 2 January 2026.
The International Hot Rod Association (IHRA) is pivoting toward vertical integration by acquiring Heartland Motorsports Park and Rockingham Speedway. This strategic consolidation allows the Fairfield-based body to move beyond sanctioning, securing the future of these historic tracks by reimagining them as diverse, year-round entertainment destinations.
BYD Claims Top Global EV Spot as Tesla Deliveries Slide 9%
Austin, Friday, 2 January 2026.
Tesla has officially ceded its global electric vehicle crown to China’s BYD. Amid vanishing U.S. subsidies, Tesla deliveries fell 9% to 1.64 million in 2025, significantly trailing BYD’s record-breaking 2.26 million units.
Intuit Co-Founder Liquidates $100 Million Stake as Stock Price Wavers
Mountain View, Friday, 2 January 2026.
Scott Cook sold over $100 million in Intuit shares across two days in late December 2025. While the sale followed a pre-arranged plan, this significant liquidation coincides with the stock testing critical technical support levels, drawing close investor scrutiny regarding near-term valuation.