latest news in companies

Paramount Moves to Keep James Gunn at DC Studios After Major Movie Studio Merger

Paramount Moves to Keep James Gunn at DC Studios After Major Movie Studio Merger

Los Angeles, Saturday, 29 August 2026.
Despite a recent box office stumble with Supergirl, Paramount plans to retain James Gunn to lead DC Studios post-merger, tying future creative stability to upcoming theatrical performance.

PENN Entertainment Rebrands ESPN BET to theScore Bet to Boost Margins

PENN Entertainment Rebrands ESPN BET to theScore Bet to Boost Margins

Wyomissing, Saturday, 29 August 2026.
PENN Entertainment has rebranded ESPN BET to theScore Bet to cut acquisition costs, streamline its digital betting operations, and improve margins by focusing on native media integration.

Behind Motley Fool’s 964 Percent Gain: The Math of Early Winners

Behind Motley Fool’s 964 Percent Gain: The Math of Early Winners

Alexandria, Saturday, 29 August 2026.
While Motley Fool boasts a 964% return since 2002, the figure relies heavily on early outliers, such as Nvidia’s extraordinary 128,583% gain.

Commonwealth Fusion Systems Advances Toward Commercial Clean Power Generation

Commonwealth Fusion Systems Advances Toward Commercial Clean Power Generation

Devens, Saturday, 29 August 2026.
Commonwealth Fusion Systems is preparing to demonstrate net fusion energy. Designed to produce ten times the energy it consumes, its SPARC machine aims to power grids by the early 2030s.

OpenAI Projects Achieving Artificial General Intelligence by Year End

OpenAI Projects Achieving Artificial General Intelligence by Year End

San Francisco, Saturday, 29 August 2026.
OpenAI expects to reach artificial general intelligence by the end of 2026, driven by its new Astra model, which acts as an automated research intern capable of inventing novel solutions.

Apple Secures Major Stars for New Film Project

Apple Secures Major Stars for New Film Project

Los Angeles, Saturday, 29 August 2026.
Apple Original Films has cast Jamie Dornan alongside Zoë Kravitz in Megan Park’s untitled mystery feature, continuing Apple’s aggressive strategy to acquire top-tier talent for global market share.

Chinese Electric Vehicle Giant Expands Global Market Reach

Chinese Electric Vehicle Giant Expands Global Market Reach

Hong Kong, Saturday, 29 August 2026.
Chinese automaker BYD is accelerating its global expansion across Europe and Asia, positioning its affordable electric vehicles to challenge traditional Western automakers despite rising global trade tensions.

FDA Approves Breakthrough Therapy for Rare Blood Cancer

FDA Approves Breakthrough Therapy for Rare Blood Cancer

Newark, Saturday, 29 August 2026.
The FDA approved MIMRYLO for polycythemia vera after trial data showed 76.9% of patients achieved blood cell control, triggering a $275 million milestone payment to developer Protagonist Therapeutics.

Apple Raises Monthly Streaming Price to Fifteen Dollars

Apple Raises Monthly Streaming Price to Fifteen Dollars

Cupertino, Saturday, 29 August 2026.
Apple has raised its monthly streaming subscription fee to $14.99, tripling its original 2019 price as rising content and licensing costs continue driving industry-wide rate hikes.

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.