latest news in companies

Microsoft Surpasses Expectations with Cloud Growth and Annual Milestone

Microsoft Surpasses Expectations with Cloud Growth and Annual Milestone

Redmond, Wednesday, 29 July 2026.
Microsoft delivered strong fourth-quarter financial results driven by rapid artificial intelligence expansion, pushing annual cloud revenues past $100 billion for the first time despite ongoing market volatility.

Millions of Popular Eye Drop Cartons Recalled Nationwide Over Safety Concerns

Millions of Popular Eye Drop Cartons Recalled Nationwide Over Safety Concerns

Washington, Wednesday, 29 July 2026.
The FDA issued a Class II recall for nearly 12 million cartons of Rohto Cooling Eye Drops after discovering potential sterility issues that risk user safety.

Nvidia Faces Wall Street Scrutiny Over Massive AI Deal Financing

Nvidia Faces Wall Street Scrutiny Over Massive AI Deal Financing

Santa Clara, Wednesday, 29 July 2026.
Nvidia’s involvement in backstopping over $750 billion in AI infrastructure—including a proposed $250 billion OpenAI guarantee—has sparked market concern, triggering the largest single-day jump in its credit default swaps.

Johnson & Johnson Offers $5.5 Billion Settlement to Resolve Decades-Long Baby Powder Lawsuits

Johnson & Johnson Offers $5.5 Billion Settlement to Resolve Decades-Long Baby Powder Lawsuits

New Brunswick, Wednesday, 29 July 2026.
Healthcare giant Johnson & Johnson proposed paying $5.5 billion to resolve roughly 76,000 ovarian cancer lawsuits, seeking to end over a decade of high-profile legal battles.

BioAdaptives Expands Online Sales to Capitalize on Rapidly Growing Brain Health Market

BioAdaptives Expands Online Sales to Capitalize on Rapidly Growing Brain Health Market

Las Vegas, Wednesday, 29 July 2026.
On July 29, 2026, BioAdaptives expanded its e-commerce operations for cognitive supplements, targeting a global nootropics market projected to grow from $5.13 billion to $16.66 billion by 2035.

SpaceX Sends Recovery Vessel to Retrieve Intact Starship Floating in Ocean

SpaceX Sends Recovery Vessel to Retrieve Intact Starship Floating in Ocean

Boca Chica, Wednesday, 29 July 2026.
Five days after its July 24 test flight, SpaceX’s Starship upper stage remains intact and afloat in the Indian Ocean, offering engineers a rare physical inspection opportunity.

Nuclear Energy Companies Partner to Turn Used Fuel into Power

Nuclear Energy Companies Partner to Turn Used Fuel into Power

Idaho Falls, Wednesday, 29 July 2026.
Quadrant Nuclear and Parsons teamed up on July 29, 2026, to develop a major facility at Idaho National Laboratory, transforming spent nuclear fuel into a valuable energy asset.

Investigation Clears Boeing 787 Fuel Switch Mechanisms Following Safety Scrutiny

Investigation Clears Boeing 787 Fuel Switch Mechanisms Following Safety Scrutiny

New Delhi, Wednesday, 29 July 2026.
Indian safety regulators found no physical abnormalities in Boeing 787 fuel switch locking mechanisms after testing in Seattle, though broader inspections into thrust control modules remain ongoing.

Microsoft Launches New Security AI Model to Counter Growing Software Threats

Microsoft Launches New Security AI Model to Counter Growing Software Threats

Redmond, Wednesday, 29 July 2026.
Microsoft launched a new cybersecurity AI model to counter rival tools like Anthropic’s Mythos, aiming to accelerate fix rates for software vulnerabilities at half the operating cost.

Newly Listed Investment Firm Faces Financial Uncertainty Following $115 Million Market Debut

Newly Listed Investment Firm Faces Financial Uncertainty Following $115 Million Market Debut

New York, Wednesday, 29 July 2026.
Despite raising $115 million in its July 2026 market debut, Southern Cross Acquisition I Corp. issued a going-concern warning after auditing revealed negative equity and strict liquidation deadlines.