latest news in companies
Apollo Secures Fifth Year of Record Profits by Sticking to Traditional Investments
New York, Saturday, 16 May 2026.
Apollo quietly achieved its fifth consecutive year of record earnings, reaching $1 trillion in assets by favoring traditional investments and avoiding the current technology stock frenzy.
Federal Reserve Closes UBS and Credit Suisse Cases Following Historic Merger
Washington, D.C., Friday, 15 May 2026.
On May 15, 2026, the Federal Reserve officially terminated enforcement actions against UBS, signaling the bank successfully met strict compliance requirements following its historic Credit Suisse takeover.
Arrive AI Details First Quarter 2026 Financials Amid Push for Commercial Delivery Network
New York, Friday, 15 May 2026.
Arrive AI posted a $6.4 million Q1 2026 net loss, but a recent 300% stock surge and new financial protections highlight strong investor interest in its autonomous delivery network.
Breakthrough Pancreatic Cancer Therapy Sparks Clinic Rush After Doubling Survival Rates
Redwood City, Friday, 15 May 2026.
Surging demand for an experimental pancreatic cancer therapy follows clinical trials showing it doubled median patient survival to 13.2 months, marking a historic breakthrough for a highly lethal disease.
Air India Posts Record $2.8 Billion Loss as Middle East Conflict Forces Flight Cuts
Singapore, Friday, 15 May 2026.
Driven by soaring fuel costs and Middle East airspace restrictions, Air India recorded a staggering $2.8 billion annual loss, forcing a 27% reduction in its international flight capacity.
Gold Data Expands US-Mexico Digital Infrastructure to Support Corporate Nearshoring
Eagle Pass, Friday, 15 May 2026.
Gold Data’s new Eagle Pass connection strengthens digital ties between Dallas and Querétaro, supporting multinational nearshoring in an industrial corridor that drives $30 billion in annual trade.