latest news in companies

Federal Regulators Issue Health Warning Over Contaminated Hand Soaps Distributed Across Fifteen States

Federal Regulators Issue Health Warning Over Contaminated Hand Soaps Distributed Across Fifteen States

Washington, Thursday, 17 September 2026.
Federal officials upgraded a recall of over 2,600 hand soap cases across 15 states to Class II after tests revealed contamination with bacteria capable of causing severe human infections.

Private Equity Firm Takes Full Ownership of Chelsea Football Club

Private Equity Firm Takes Full Ownership of Chelsea Football Club

London, Thursday, 17 September 2026.
Clearlake Capital has acquired complete control of Chelsea Football Club in a landmark buyout valuing the team at £5 billion, ending a turbulent joint-governance era with businessman Todd Boehly.

LuxExperience Returns to Growth as Luxury Shoppers Drive Sales Surge

LuxExperience Returns to Growth as Luxury Shoppers Drive Sales Surge

Paris, Wednesday, 16 September 2026.
LuxExperience reported strong fourth-quarter sales growth of 7.6%, driven by high-spending luxury shoppers, while posting positive operating profits and authorizing a $50 million share buyback.

TOP Ships Secures Growth Strategy amid Revenues Shift

TOP Ships Secures Growth Strategy amid Revenues Shift

Athens, Wednesday, 16 September 2026.
Despite a revenue decline, tanker operator TOP Ships generated $6.5 million in first-half 2026 net income and expanded its future fleet backlog to an impressive $680 million.

Hacker Group Breaches Street Surveillance Cameras to Expose Widespread Vehicle Tracking Data

Hacker Group Breaches Street Surveillance Cameras to Expose Widespread Vehicle Tracking Data

Atlanta, Wednesday, 16 September 2026.
Reverse-engineered surveillance camera logs revealed a single device captured 1.6 million images of 50,000 unique vehicles in 21 days, highlighting growing cybersecurity and privacy risks for public infrastructure.

Nintendo Faces Pre-Order Shortages for New Zelda Anniversary Hardware Ahead of Fall Launch

Nintendo Faces Pre-Order Shortages for New Zelda Anniversary Hardware Ahead of Fall Launch

Kyoto, Wednesday, 16 September 2026.
Nintendo’s October 29 release of a limited-edition Zelda Switch 2 console triggered immediate sell-outs and widespread scalping, forcing the company to promise stock updates before the remake launches November 5.

Disney Invests 108 Million Dollars to Secure Veteran Sports Broadcaster Joe Buck

Disney Invests 108 Million Dollars to Secure Veteran Sports Broadcaster Joe Buck

New York, Wednesday, 16 September 2026.
Disney’s ESPN has agreed to a six-year, $108 million contract extension with broadcaster Joe Buck. Raising his annual salary to $18 million, the deal highlights media companies’ aggressive strategies to retain top talent amidst intense competition for lucrative live sports broadcasting rights.

Child Accidental $118,000 YouTube Ad Spend Exposes Corporate Risk

Child Accidental $118,000 YouTube Ad Spend Exposes Corporate Risk

New York, Wednesday, 16 September 2026.
A child spent $118,000 using a company card saved to Google Ads. The incident highlights critical corporate security vulnerabilities in automated digital ad platforms lacking spending controls.

Lightwave Logic Prepares Showcase for Optical Transmissions

Lightwave Logic Prepares Showcase for Optical Transmissions

Englewood, Wednesday, 16 September 2026.
Lightwave Logic will present its high-speed polymer modulators at the ECOC conference this month, targeting AI hardware demand despite commercial production revenues being delayed until at least 2027.

Insurers Introduce Exclusions for Artificial Intelligence Risks

Insurers Introduce Exclusions for Artificial Intelligence Risks

Washington, Wednesday, 16 September 2026.
Insurers are introducing exclusions for artificial intelligence risks during 2026 policy renewals, leaving corporate safety investigations and automated decision-making exposed to significant liabilities without general liability coverage.