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latest news in companies

Copia Power Expands Credit Facility to $575 Million to Fuel Growth

Washington, D.C., Friday, 5 December 2025.
Copia Power has increased its corporate credit facility to $575 million to boost growth in digital and power infrastructure. This move reflects rising demand for sustainable energy investments.

NVIDIA and Meta Shift Focus to AI Infrastructure Amid Rising Demands

Silicon Valley, Friday, 5 December 2025.
NVIDIA and Meta pivot to AI infrastructure due to increasing data center power needs and advanced cooling demands, potentially reshaping tech investments and AI operations.

Grupo Aeroportuario del Pacífico Reports Traffic Decline Amid Economic Pressures

Guadalajara, Friday, 5 December 2025.
In November 2025, Grupo Aeroportuario del Pacífico saw a 2% drop in passenger traffic compared to 2024, influenced by economic challenges affecting Mexico’s aviation sector.

Tiffany Bednar Appointed President of TruLata to Drive Strategic Growth

New York, Thursday, 4 December 2025.
Tiffany Bednar steps into the role of President at TruLata, aiming to enhance the company’s growth and client engagement strategies. Her leadership is expected to reshape TruLata’s operational dynamics.

Costco Nominates Former U.S. Commerce Secretary to Board

Issaquah, Thursday, 4 December 2025.
Costco has nominated Gina Raimondo, former U.S. Secretary of Commerce, to its Board of Directors, signaling a strategic push towards enhancing governance and expanding its global reach.

VCI Global's $168 Million Spin-Off Strategy Unveiled

New York, Thursday, 4 December 2025.
VCI Global’s spin-off of VCCG at a $168 million valuation marks a key move in its dual-track IPO strategy, retaining a 30% stake to harness technology growth.

Hormel Foods Reports Strong Q4 Earnings Despite Challenges

Austin, Thursday, 4 December 2025.
Hormel Foods’ Q4 2025 results show $3.2 billion in net sales and adjusted earnings per share of $0.32, reflecting resilience in a tough economic climate and setting a robust fiscal 2026 outlook.

Kroger Reports Significant Third Quarter Loss Amid eCommerce Growth

Cincinnati, Thursday, 4 December 2025.
Kroger’s Q3 2025 results reveal a $1.541 billion operating loss despite a 17% rise in eCommerce sales. The company aims for eCommerce profitability by 2026.

Alexandria Real Estate Equities Cuts Dividend by 45% for Q4 2025

Pasadena, Thursday, 4 December 2025.
Alexandria Real Estate Equities announced a 45% dividend reduction to $0.72 per share, aiming to bolster financial stability amid market challenges. This led to a 7.28% drop in stock price.

OwlTing's New Partnership with Circle Payments Enhances Cross-Border Transactions

New York, Thursday, 4 December 2025.
OwlTing’s integration with Circle Payments Network promises faster and cost-effective cross-border payments, leveraging stablecoins within the $194 trillion global market, targeting high-growth regions.