latest news in companies
Amazon Finances Giant Texas Natural Gas Plant for Artificial Intelligence Needs
Austin, Sunday, 9 August 2026.
Amazon is backing a 7.65-gigawatt Texas natural gas facility permitted to emit 33 million tons of carbon dioxide annually, making it potentially the largest single climate polluter in America.
Visionary Holdings Overhauls Business Strategy Following 87 Percent Revenue Drop
Toronto, Sunday, 9 August 2026.
Visionary Holdings reported an 87% revenue collapse following court-ordered property sales, prompting a strategic pivot toward biotechnology amid shifting Canadian international student policies.
Air India Pilot Undergoes Confirmatory Drug Test Following Severe In-Flight Altitude Drop
New Delhi, Sunday, 9 August 2026.
An Air India captain involved in an August 4, 2026, severe turbulence incident that dropped the plane 91 meters and injured 17 people requires secondary testing after an initial failed drug screening.
Hollywood Studios Offer Financial Incentives to Bypass Movie Theaters
Locarno, Sunday, 9 August 2026.
At the Locarno Film Festival, director Olivia Wilde revealed that studios financially incentivize film investors to skip theatrical releases, threatening the future of traditional cinematic comedy exhibitions.