latest news in companies

OpenAI Unveils New Artificial Intelligence Capable of Solving Decades-Old Math Problems

OpenAI Unveils New Artificial Intelligence Capable of Solving Decades-Old Math Problems

San Francisco, Saturday, 1 August 2026.
OpenAI introduced its Astra model family, which uses collaborating AI agents over extended periods to solve ten decade-old mathematics problems for just $2,000, marking a major leap in scientific reasoning.

New Software Cut AI Energy Use by Half Without Hardware Upgrades

New Software Cut AI Energy Use by Half Without Hardware Upgrades

New York, Saturday, 1 August 2026.
Zenith Flow Innovations demonstrated HXS, a software layer that reduces GPU energy consumption by up to 50.5% and boosts Microsoft’s Phi-4 throughput by 167% without physical infrastructure upgrades.

Hertz Faces Lawsuit After Sudden Stock Crash Shocks Investors

Hertz Faces Lawsuit After Sudden Stock Crash Shocks Investors

New York, Saturday, 1 August 2026.
Hertz faces class-action lawsuits after its stock plunged over 40 percent when sudden debt offerings and used-car market losses contradicted earlier assurances of solid corporate liquidity.

Sony Pictures Shatters Box Office Records with New Spider-Man Release

Sony Pictures Shatters Box Office Records with New Spider-Man Release

Los Angeles, Saturday, 1 August 2026.
Sony Pictures achieved an impressive record opening as Spider-Man: Brand New Day generated over $167 million domestically, revitalizing cinema attendance and surpassing previous first-day record holders.

Amazon Receives $600 Million Tariff Refund and Plans Customer Payouts

Amazon Receives $600 Million Tariff Refund and Plans Customer Payouts

Seattle, Saturday, 1 August 2026.
Following a Supreme Court ruling striking down federal tariffs, Amazon received $600 million in refunds and plans to automatically pass savings back to eligible customers.

Logistics Startup DispatchMVP Selected for Pepperdine Startup Showcase

Logistics Startup DispatchMVP Selected for Pepperdine Startup Showcase

Malibu, Saturday, 1 August 2026.
AI startup DispatchMVP was named a semi-finalist in Pepperdine University’s 2026 Most Fundable Companies competition, outperforming over 2,000 U.S. applicants with its voice-powered fleet management system.

Stop & Shop to Close Additional New Jersey Supermarkets This Fall

Stop & Shop to Close Additional New Jersey Supermarkets This Fall

Westfield, Saturday, 1 August 2026.
Stop & Shop is closing select New Jersey locations this fall to optimize performance, amid rising inflation and growing consumer shifts toward discount grocery chains across the regional market.

Why Barnes & Noble Is Opening Dozens of Stores While Closing Legacy Locations

Why Barnes & Noble Is Opening Dozens of Stores While Closing Legacy Locations

New York, Saturday, 1 August 2026.
Despite shuttering select legacy locations due to expiring leases, Barnes & Noble is aggressively expanding with around 60 new store openings planned across the United States this year.

SpaceX Expands Global Internet Network With 90th Launch of 2026

SpaceX Expands Global Internet Network With 90th Launch of 2026

Vandenberg, Saturday, 1 August 2026.
SpaceX launched 24 Starlink satellites, marking its 90th rocket mission in 2026. With over 10,800 active satellites, the company continues to cement its dominance in global space-based internet.

San Francisco Ghirardelli Flagship Shuts Down as Union Workers Strike Over Health Benefits Fee

San Francisco Ghirardelli Flagship Shuts Down as Union Workers Strike Over Health Benefits Fee

San Francisco, Saturday, 1 August 2026.
Union workers at San Francisco’s flagship Ghirardelli store launched a historic three-day strike, protesting proposed healthcare cuts and demanding disclosure on revenues collected from a 6% customer healthcare surcharge.