latest news in companies

Major Fast-Food Operator Files for Bankruptcy Protection as Traffic Drops to Historical Lows

Major Fast-Food Operator Files for Bankruptcy Protection as Traffic Drops to Historical Lows

Dublin, Friday, 18 September 2026.
Meritage Hospitality Group, operating 314 Wendy’s locations across 15 states, filed for Chapter 11 bankruptcy as customer traffic hit a 30-year low and store-level earnings plummeted 48%.

Amazon Increases Starting Pay for U.S. Warehouse Workers to $20 an Hour

Amazon Increases Starting Pay for U.S. Warehouse Workers to $20 an Hour

Seattle, Friday, 18 September 2026.
Amazon is investing $1.5 billion to raise minimum hourly wages for frontline logistics staff to $20 starting September 27, 2026, alongside introducing new employee grocery discounts and lifetime banking services.

Generation Income Properties Secures Millions to Pay Down Debt

Generation Income Properties Secures Millions to Pay Down Debt

Tampa, Friday, 18 September 2026.
Generation Income Properties raised $4.3 million on September 18, 2026, through a warrant agreement, sparking a massive 200% stock surge as the real estate trust addresses its debt obligations.

Solowin Holdings Reports Massive Revenue Growth Driven by Digital Asset Demand

Solowin Holdings Reports Massive Revenue Growth Driven by Digital Asset Demand

Hong Kong, Friday, 18 September 2026.
Solowin Holdings achieved an 895% revenue surge to $28.05 million in fiscal 2026, boosted by $1.04 billion in trading volume, despite recording a $13.29 million net loss.

Arrive AI and DXC Partner to Automate Factory Deliveries with Robotics

Arrive AI and DXC Partner to Automate Factory Deliveries with Robotics

Indianapolis, Friday, 18 September 2026.
Arrive AI has partnered with DXC Technology to integrate autonomous robotics into manufacturing facilities, scaling physical AI to solve inner-factory delivery bottlenecks.

Homebuilder Lennar Suffers 52 Percent Profit Drop Despite Cutting Construction Costs

Homebuilder Lennar Suffers 52 Percent Profit Drop Despite Cutting Construction Costs

Miami, Friday, 18 September 2026.
Lennar’s third-quarter net earnings plunged 52 percent to $284 million as aggressive price discounts and mortgage buydowns eroded margins, proving operational efficiency alone cannot overcome persistent housing affordability pressures.

Swiss Sportswear Brand On Signs Soccer Star Kylian Mbappé

Swiss Sportswear Brand On Signs Soccer Star Kylian Mbappé

Zurich, Friday, 18 September 2026.
Kylian Mbappé ended his Nike partnership to join On Holding, securing an equity stake as the Swiss brand expands into soccer, sending its stock up 5.6%.

KIDZ AI Secures $1.9 Million to Bring Artificial Intelligence Robotics to American Classrooms

KIDZ AI Secures $1.9 Million to Bring Artificial Intelligence Robotics to American Classrooms

New York, Friday, 18 September 2026.
On September 17, 2026, KIDZ AI raised $1.9 million to launch educational robotics across U.S. high schools, targeting a nationwide market of over 16 million students.

Neuralink Brain Implant Restores Speech for Paralysed Patient

Neuralink Brain Implant Restores Speech for Paralysed Patient

Austin, Friday, 18 September 2026.
In a major neurotechnology milestone, a Neuralink clinical trial participant with ALS successfully communicated using a synthetic version of his original voice generated entirely from neural signals.

Costco Hints at the Return of Discontinued Food Court Treat

Costco Hints at the Return of Discontinued Food Court Treat

Issaquah, Friday, 18 September 2026.
Costco is bringing back its controversial twisted churro for a limited time across U.S. warehouses, strategically utilizing menu nostalgia to boost foot traffic and executive membership value.