latest news in companies

Alibaba Shares Dip as Short Selling Reaches Peak Levels in Hong Kong

Alibaba Shares Dip as Short Selling Reaches Peak Levels in Hong Kong

Hong Kong, Sunday, 23 August 2026.
Alibaba’s Hong Kong stock fell 2.54% to 123.00 HKD on August 21, 2026, as daily short selling volume spiked to a weekly high of 35.9 million shares.

Good Good Golf Faces Social Media Backlash After Deleting Controversial Commercial

Good Good Golf Faces Social Media Backlash After Deleting Controversial Commercial

Dallas, Sunday, 23 August 2026.
Digital sports brand Good Good Golf apologized and removed a promotional advertisement showing a co-founder shoving an employee, drawing formal condemnation from major partners Callaway Golf and the PGA Tour.

Boeing Aircraft Delays Leave United Airlines Holding Surplus Premium Seats

Boeing Aircraft Delays Leave United Airlines Holding Surplus Premium Seats

Chicago, Sunday, 23 August 2026.
Ongoing Boeing 737 Max 10 certification delays have left United Airlines holding hundreds of unusable lie-flat seats, forcing the carrier to shift premium strategies to Airbus jets.

FDA Approves Next-Generation Flu Vaccine for Adults Over 50

FDA Approves Next-Generation Flu Vaccine for Adults Over 50

Washington, Sunday, 23 August 2026.
The FDA has approved Moderna’s first mRNA flu vaccine for adults over 50, offering 27% greater protection than traditional shots while enabling significantly faster production against mutating seasonal strains.

Only One Cruise Ship Failed CDC Health Standards in 2026

Only One Cruise Ship Failed CDC Health Standards in 2026

Atlanta, Sunday, 23 August 2026.
Out of 153 cruise ships inspected by the CDC in 2026, only one failed public health standards, demonstrating overall strong health compliance across the industry despite isolated sanitation violations.

Yellowstone Creator Faces Major Copyright Lawsuit Over Blockbuster Franchise

Yellowstone Creator Faces Major Copyright Lawsuit Over Blockbuster Franchise

Los Angeles, Sunday, 23 August 2026.
Writer Lauren Salkin filed a federal lawsuit alleging Taylor Sheridan copied her project, Sovereign Nation, noting an HBO executive previously dropped Sheridan’s concept due to striking similarities.

China's Largest Oil Refiner Reports 12% Profit Rise Amid Surging Global Energy Prices

China's Largest Oil Refiner Reports 12% Profit Rise Amid Surging Global Energy Prices

Shanghai, Sunday, 23 August 2026.
Sinopec’s first-half net profit reached 26.57 billion yuan, up 12%, as surging crude oil prices boosted upstream production earnings despite squeezed refining margins.

Billionaire Investor Bill Ackman Donates $400 Million in Stock to Launch Manhattan Brain Institute

Billionaire Investor Bill Ackman Donates $400 Million in Stock to Launch Manhattan Brain Institute

New York City, Sunday, 23 August 2026.
Inspired by his daughter’s brain hemorrhage, billionaire Bill Ackman is donating $400 million in Pershing Square stock to establish a new neuroscience and recovery institute in Manhattan.

Why Definium Therapeutics Stock Gained 340% This Year Without Any Product Revenue

Why Definium Therapeutics Stock Gained 340% This Year Without Any Product Revenue

New York, Sunday, 23 August 2026.
Definium Therapeutics has delivered a stunning 340% gain over the past year. Investors are betting heavily on its late-stage psychiatric clinical trials, despite zero current product revenue.

Major Hospital Admits Pharmacy Error After Surgical Patients Suffer Paralysis

Major Hospital Admits Pharmacy Error After Surgical Patients Suffer Paralysis

Nashville, Sunday, 23 August 2026.
A severe pharmacy error at Ascension Saint Thomas Hospital in Nashville left a surgical patient paralyzed after receiving potassium phosphate instead of anesthetic, triggering state and criminal investigations.