latest news in companies
FDA Approves Breakthrough Drug Doubling Pancreatic Cancer Survival
Washington, Wednesday, 26 August 2026.
The FDA approved daraxonrasib, the first gene-targeting drug for advanced pancreatic cancer. Clinical trials revealed the daily pill doubled patient survival time compared to standard chemotherapy.
Flock Safety CEO Calls for Federal Surveillance Rules Amid Backlash
Atlanta, Wednesday, 26 August 2026.
Flock Safety’s CEO is advocating for national regulations on police surveillance technology as the $8.3 billion firm faces mounting public backlash, vandalism, and bipartisan legislative pushback over privacy concerns.
Billionaire Investor Considers Buying Fast-Food Chain After Six Quarters of Falling Sales
Dublin, Wednesday, 26 August 2026.
Activist investor Nelson Peltz is exploring taking Wendy’s private following six consecutive quarters of declining U.S. sales, as the chain closed 289 domestic locations during early 2026.
Cyberattack Disruption Triggers Stock Drop for Boston Scientific
Boston, Wednesday, 26 August 2026.
Boston Scientific shares dropped on August 26, 2026, following a global cyberattack that compromised core IT systems, halting product shipping and compounding financial pressure on the medical technology giant.
NASA Funds Self-Managing Satellite Swarms for Future Moon Missions
Fairmont, Wednesday, 26 August 2026.
NASA awarded a contract to TMC Technologies and West Virginia University on August 26, 2026, to build self-managing satellite swarms capable of autonomously fixing operational faults during complex lunar missions.
Kroger Agrees to Seventeen Million Dollar Pharmacy Settlement Over Drug Pricing Claims
Cincinnati, Wednesday, 26 August 2026.
Kroger agreed to a $17 million settlement resolving claims it overcharged insured pharmacy customers by misreporting prices, though the grocery retailer denies any wrongdoing.
