latest news in companies

Starbucks Shuts Down 250 North American Locations in Strategy Shift

Starbucks Shuts Down 250 North American Locations in Strategy Shift

Seattle, Friday, 25 September 2026.
Starbucks is closing 250 underperforming North American stores this week. This marks the second major wave of location consolidations under CEO Brian Niccol to streamline operations and boost performance.

Royal Caribbean Acquires Half Interest in Sandals Resorts for $3 Billion

Royal Caribbean Acquires Half Interest in Sandals Resorts for $3 Billion

Miami, Friday, 25 September 2026.
Royal Caribbean Group has agreed to purchase a 50% stake in Sandals and Beaches Resorts for $3 billion, bridging cruise and land-based luxury tourism across the Caribbean by 2027.

Costco Beats Market Expectations as Shoppers Seek Value

Costco Beats Market Expectations as Shoppers Seek Value

Issaquah, Friday, 25 September 2026.
Costco reported strong fourth-quarter earnings, beating Wall Street estimates with $95.7 billion in revenue. Results were boosted by resilient consumer spending and $184 million in tariff refunds.

Ford Stock Drops Despite Projections of Strong Future Profits

Ford Stock Drops Despite Projections of Strong Future Profits

Detroit, Friday, 25 September 2026.
Despite a nearly 10% stock drop this September, Ford’s net income is projected to almost double by 2027 as long-term strategies outweigh short-term electric vehicle transition costs.

Google Tests Artificial Intelligence Infrastructure in Space

Google Tests Artificial Intelligence Infrastructure in Space

Mountain View, Thursday, 24 September 2026.
Google will launch a prototype satellite on October 1, 2026, testing whether AI computing hardware can survive space radiation, intense launch forces, and orbital cooling challenges.

Tim Tebow Faces Backlash Over Role in Faith-Based Financial Seminars

Tim Tebow Faces Backlash Over Role in Faith-Based Financial Seminars

New York, Thursday, 24 September 2026.
Former NFL star Tim Tebow earned millions headlining faith-based wealth seminars now under fire for using high-pressure tactics that drove vulnerable Christian attendees into thousands of dollars in debt.

Verizon Partners With Tech Giants to Offer Free Artificial Intelligence Training

Verizon Partners With Tech Giants to Offer Free Artificial Intelligence Training

New York, Thursday, 24 September 2026.
Verizon launched a $70 million initiative offering free artificial intelligence training valued at $700 annually per person, partnering with industry leaders to offset automation risks for American workers.

Oracle Shares Fall After Company Seeks Protection From Rising Data Center Costs

Oracle Shares Fall After Company Seeks Protection From Rising Data Center Costs

Austin, Thursday, 24 September 2026.
Oracle shares fell after invoking legal clauses to delay payments on a New Mexico data center if construction slips past 2028, amidst $18 billion in stressed project debt.

Historic California Winery Files for Bankruptcy to Manage Debt

Historic California Winery Files for Bankruptcy to Manage Debt

Sonoma, Thursday, 24 September 2026.
Gundlach Bundschu, California’s oldest family-run winery, has filed for Chapter 11 bankruptcy to restructure $37 million in debt while seeking new investment to maintain operations.

Netflix Secures Exclusive Rights to Stream Historic Fury-Joshua Heavyweight Fight

Netflix Secures Exclusive Rights to Stream Historic Fury-Joshua Heavyweight Fight

Cardiff, Thursday, 24 September 2026.
Netflix will exclusively stream the long-awaited Tyson Fury versus Anthony Joshua fight on December 11, 2026, marking a pivotal expansion into live global sports broadcasting.