latest news in companies

Tesla Achieves Near-Record Battery Storage Growth in Second Quarter

Tesla Achieves Near-Record Battery Storage Growth in Second Quarter

Austin, Thursday, 2 July 2026.
Tesla deployed 13.5 gigawatt-hours of energy storage in the second quarter of 2026, marking its second-best quarter ever and achieving a massive 40% increase compared to last year.

Predictive AI Firm Quori Joins Oracle's Secure Defense Network

Predictive AI Firm Quori Joins Oracle's Secure Defense Network

Brussels, Thursday, 2 July 2026.
Predictive AI developer Quori has joined the Oracle Defense Ecosystem, bringing technology that forecasts high-risk military threats up to 48 hours in advance with over 80% accuracy.

Kurita and Membrane Group Partner to Support India's Semiconductor Boom

Kurita and Membrane Group Partner to Support India's Semiconductor Boom

New Delhi, Thursday, 2 July 2026.
Kurita and Membrane Group have formed a joint venture to provide advanced water systems for India’s semiconductor industry, which is projected to reach $150 billion by 2035.

General Mills Plans Major Spending Cuts After Posting Massive Quarterly Loss

General Mills Plans Major Spending Cuts After Posting Massive Quarterly Loss

Minneapolis, Wednesday, 1 July 2026.
Following a stunning $2.1 billion quarterly operating loss, General Mills launched a $3 billion cost-cutting initiative on July 1, 2026, to win back budget-conscious shoppers.

Sony Announces the End of PlayStation Game Discs Starting in 2028

Sony Announces the End of PlayStation Game Discs Starting in 2028

Tokyo, Wednesday, 1 July 2026.
Sony will halt physical PlayStation disc production in January 2028, driving a historic shift to digital-only gaming as nearly 80% of players already buy games digitally.

Sanofi Reports Success in Trial for Rare Infant Genetic Disease Treatment

Sanofi Reports Success in Trial for Rare Infant Genetic Disease Treatment

Paris, Tuesday, 30 June 2026.
Sanofi’s latest clinical trial successfully kept infants with a rare, fatal genetic disease alive and ventilator-free for a year, proving highly effective with no serious side effects.

Blackstone Sells Shares Worth Billions in Major Data Center Deal

Blackstone Sells Shares Worth Billions in Major Data Center Deal

Austin, Tuesday, 30 June 2026.
Blackstone is offloading its share of three Virginia data centers to Digital Realty for $3.5 billion, capitalizing on the massive global demand for artificial intelligence infrastructure.

America's Largest Egg Producer Settles Government Price-Fixing Investigation

America's Largest Egg Producer Settles Government Price-Fixing Investigation

Ridgeland, Tuesday, 30 June 2026.
To resolve a federal price-fixing probe without admitting guilt, Cal-Maine Foods agreed to pay $1.5 million and donate 30 million eggs to nationwide food banks.

JetBlue Pilot Reports Striking Drone During New York Landing

JetBlue Pilot Reports Striking Drone During New York Landing

New York, Monday, 29 June 2026.
A JetBlue pilot reported striking a drone at 914 meters while landing at JFK Airport today, marking the region’s second major drone-related aviation scare in just four days.

Comcast to Separate Its Internet and Media Businesses Into Two Public Companies

Comcast to Separate Its Internet and Media Businesses Into Two Public Companies

Philadelphia, Monday, 29 June 2026.
Comcast is splitting into two independent public companies, separating its internet services from its media empire. The news sent Comcast shares surging 24% in early trading.