latest news in companies

Trump Media Launches Real-Time Data Service for Wall Street

Trump Media Launches Real-Time Data Service for Wall Street

New York, Thursday, 16 July 2026.
Trump Media is selling high-speed access to market-moving posts—including the president’s own—raising sharp ethical concerns while creating a new, lucrative revenue stream for the company.

The Real Reason Publix Is Closing Select Supermarkets This Year

The Real Reason Publix Is Closing Select Supermarkets This Year

Lakeland, Thursday, 16 July 2026.
Despite recent store closures, Publix is actually expanding, backing its growth with a massive $2.4 billion capital budget for new locations and high-tech remodels in 2026.

Sony to Delete Hundreds of Purchased Movies From Customer Accounts

Sony to Delete Hundreds of Purchased Movies From Customer Accounts

Tokyo, Thursday, 16 July 2026.
Sony’s decision to delete 551 purchased StudioCanal films by September 2026 exposes the fragility of digital ownership, fueling intense consumer backlash over revocable licensing agreements.

New AI Model Allows Robots to Navigate Using a Single Standard Camera

New AI Model Allows Robots to Navigate Using a Single Standard Camera

Paris, Thursday, 16 July 2026.
Mistral AI’s new model enables robots to navigate complex environments using only a single, low-cost camera, outperforming expensive multi-sensor systems by 4.5 percentage points.

Silicon Valley Startup Raises $45 Million to Build Virtual Employees

Silicon Valley Startup Raises $45 Million to Build Virtual Employees

San Francisco, Thursday, 16 July 2026.
Sable secured $45 million after its AI sales agent impressed investors by fluidly switching languages mid-conversation, signaling a major shift toward highly autonomous digital workers.

Regulators Approve Space Mirror to Beam Sunlight to Earth at Night

Regulators Approve Space Mirror to Beam Sunlight to Earth at Night

Washington, Thursday, 16 July 2026.
Federal regulators approved an 18-meter orbital mirror to beam nighttime sunlight to Earth, the first step in a controversial 50,000-satellite project that astronomers warn could ruin dark skies.

Why Netflix Is Counting on Ads to Solve Its Viewer Engagement Problem

Why Netflix Is Counting on Ads to Solve Its Viewer Engagement Problem

Los Gatos, Thursday, 16 July 2026.
As Netflix reports earnings today, its burgeoning ad tier has reached 250 million active users, offering a crucial lifeline against slipping viewer engagement and a slumping stock.

Nissan Keeps the Altima Sedan Alive Despite Rumors of Its Demise

Nissan Keeps the Altima Sedan Alive Despite Rumors of Its Demise

Franklin, Thursday, 16 July 2026.
Nissan contradicted reports of the Altima’s immediate cancellation, confirming a 2027 model will debut later this year despite long-term plans to shrink its sedan lineup.

FDA Approves First-of-Its-Kind Daily Pill to Drastically Lower Cholesterol

FDA Approves First-of-Its-Kind Daily Pill to Drastically Lower Cholesterol

Washington, Thursday, 16 July 2026.
On July 16, 2026, the FDA approved Merck’s Lipfendra, a groundbreaking daily pill that lowers cholesterol far better than traditional statins, offering a cheaper alternative to injections.

Rising Costs Spark Broad Sell-Off in Health Insurance Stocks

Rising Costs Spark Broad Sell-Off in Health Insurance Stocks

Indianapolis, Thursday, 16 July 2026.
Elevance Health’s 16% profit decline and rising medical costs triggered a sector-wide sell-off, raising anxiety for investors ahead of UnitedHealth’s upcoming financial results.