latest news in companies

Commercial Ships Prepare for Nuclear Power Return in New Maritime Deal

Commercial Ships Prepare for Nuclear Power Return in New Maritime Deal

Idaho Falls, Friday, 28 August 2026.
Deployable Energy and Hornbeck Offshore are testing a transportable microreactor for maritime use, marking the first U.S. commercial nuclear shipping initiative since the late 1950s.

Ford Reclaims Top Spot in Vehicle Quality Ranking After Leadership Overhaul

Ford Reclaims Top Spot in Vehicle Quality Ranking After Leadership Overhaul

Detroit, Friday, 28 August 2026.
Following a costly 2023 manufacturing disaster, Ford replaced two-thirds of its industrial leadership to secure the top mainstream spot in J.D. Power’s 2026 initial quality rankings.

FDA Expands Eli Lilly's Mounjaro Approval to Cut Heart Attack and Stroke Risk

FDA Expands Eli Lilly's Mounjaro Approval to Cut Heart Attack and Stroke Risk

Indianapolis, Friday, 28 August 2026.
The FDA approved Eli Lilly’s Mounjaro to reduce major cardiovascular risks in adults with type 2 diabetes after trials showed an 8% lower risk of events compared to Trulicity.

Autodesk Software Revenues Surge Past Target but Share Prices Decline Following Profit Forecasts

Autodesk Software Revenues Surge Past Target but Share Prices Decline Following Profit Forecasts

San Francisco, Friday, 28 August 2026.
Autodesk reported strong second-quarter revenues of $2.05 billion, up 16%, yet shares dropped 6% after hours due to profit guidance diluted by its recent MaintainX acquisition.

Gap Stock Surges as Higher Profit Targets Overshadow Slowing Sales

Gap Stock Surges as Higher Profit Targets Overshadow Slowing Sales

San Francisco, Friday, 28 August 2026.
Gap raised its full-year earnings forecast as strict margin discipline and a $417 million tariff refund boosted profits, sending shares up 11% despite falling Old Navy sales.

Investment Portfolio Volatility Causes FRMO Corp Annual Profit to Drop

Investment Portfolio Volatility Causes FRMO Corp Annual Profit to Drop

New York, Friday, 28 August 2026.
FRMO Corp reported a dramatic drop in annual net income from $100.5 million to $2.9 million for fiscal 2026, driven primarily by unrealized losses in its investment portfolio.

How Artificial Intelligence Threats Are Driving a Surge in Cybersecurity Demand

How Artificial Intelligence Threats Are Driving a Surge in Cybersecurity Demand

Austin, Friday, 28 August 2026.
CrowdStrike reported record earnings as rapid AI adoption accelerates automated cyberattacks, forcing enterprises to replace outdated security tools with advanced defenses against fast-moving digital threats.

French and South Korean Drugmakers Partner to Develop Single-Shot Universal Flu Vaccine

French and South Korean Drugmakers Partner to Develop Single-Shot Universal Flu Vaccine

Lyon, Friday, 28 August 2026.
Osivax and GC Biopharma have partnered to co-develop a single-injection flu vaccine offering broader, longer-lasting immunity by targeting both surface and internal viral proteins.

National Retailers Pull Jasmine Rice Following Expanded Federal Safety Warning

National Retailers Pull Jasmine Rice Following Expanded Federal Safety Warning

Richvale, Friday, 28 August 2026.
FDA expanded a Class II recall to over 24 metric tons of organic jasmine rice across 12 states due to unidentified foreign material risks.

Video Game Titan Prepares for Record Holiday Launch Following First Extended Look

Video Game Titan Prepares for Record Holiday Launch Following First Extended Look

New York, Friday, 28 August 2026.
Take-Two Interactive is positioning Grand Theft Auto VI for a November launch, with analysts projecting 35 million sales after recent previews showcased expansive gameplay following unauthorized leaks.