latest news in companies
Media Giants Paramount and Warner Bros. Combine Under Rebranded Skydance Name
New York, Friday, 2 October 2026.
Following a massive $110 billion deal, Paramount and Warner Bros. Discovery will unite under the corporate name Skydance on October 6, 2026, creating an unprecedented Hollywood entertainment powerhouse.
How 5E Advanced Materials Shifted Overnight into a Revenue-Generating Domestic Boron Producer
Searles Valley, Friday, 2 October 2026.
By acquiring Searles Valley Minerals’ 150-year-old California operations, 5E Advanced Materials instantly transitioned from a pre-revenue developer into an active, revenue-generating U.S. producer of critical boron.
Nike Shares Plunge Following Weak Sales Forecast and Restructuring Announcement
Beaverton, Friday, 2 October 2026.
Nike stock dropped 10% after missing sales expectations and lowering projections. To address weak global demand, the company launched a $2.5 billion cost-cutting plan including future layoffs.
Jolt Capital Expands Tech Platform with Mirova Private Equity Purchase
Paris, Friday, 2 October 2026.
Jolt Capital acquired Mirova’s private equity business in October 2026, gaining access to roughly 20,000 potential European early-growth tech targets currently below its traditional maturity threshold.
Amazon Faces Local Pushback Over Drone Delivery Plans in New England
North Haven, Friday, 2 October 2026.
Local officials and residents in Connecticut and Massachusetts are challenging Amazon’s expansion of Prime Air drones, citing severe concerns over noise pollution, privacy invasion, and community safety.
Micron Revenue Surges as Artificial Intelligence Memory Shortage Tightens Supply Through 2028
Boise, Friday, 2 October 2026.
Micron’s quarterly revenue jumped 379% to $54.23 billion as severe memory chip shortages shift artificial intelligence profits and bargaining power to critical hardware suppliers.
