latest news in companies

Investors Face Urgent Deadlines as Law Firm Targets Corporate Misconduct

Investors Face Urgent Deadlines as Law Firm Targets Corporate Misconduct

New York, Saturday, 1 August 2026.
The Rosen Law Firm has launched securities class actions against major companies, alleging hidden inventory gluts and misleading disclosures that caused severe financial losses for shareholders.

Mallplaza Expands Regional Footprint with Major Purchase of Colombian Shopping Centers

Mallplaza Expands Regional Footprint with Major Purchase of Colombian Shopping Centers

Bogota, Saturday, 1 August 2026.
Mallplaza has agreed to buy eight Colombian shopping centers for $376 million. The expansion significantly grows its regional footprint, acquiring assets that drew 57 million annual visitors.

Indonesian Billionaire Launches $5 Billion Bid for Philippine Geothermal Power Giant

Indonesian Billionaire Launches $5 Billion Bid for Philippine Geothermal Power Giant

Manila, Sunday, 2 August 2026.
Indonesian billionaire Prajogo Pangestu has proposed a $5 billion takeover of Energy Development Corp., aiming to consolidate Asia’s top two geothermal producers into a regional clean energy heavyweight.

Telehealth Platforms Switch to Fixed Pricing for Weight Loss Drugs

Telehealth Platforms Switch to Fixed Pricing for Weight Loss Drugs

New York, Sunday, 2 August 2026.
In August 2026, telehealth providers introduced flat-rate pricing for GLP-1 weight loss drugs, keeping consumer costs constant even as dosage increases to disrupt traditional healthcare pricing.

Over 120,000 Popular Refrigerators Recalled Following Fatal Fires

Over 120,000 Popular Refrigerators Recalled Following Fatal Fires

Washington, Friday, 31 July 2026.
Federal safety regulators recalled over 121,000 Galanz retro refrigerators sold at Amazon and Home Depot after electrical shorts caused 34 fires and one fatality. Consumers should unplug units immediately.

SpaceX Secures $1.6 Billion Military Contract Before First Earnings Report

SpaceX Secures $1.6 Billion Military Contract Before First Earnings Report

Washington, Friday, 31 July 2026.
The U.S. Space Force awarded SpaceX a $1.6 billion contract for 18 launches, strengthening its revenue outlook ahead of its historic first public earnings report on August 4.

Nasdaq Confirms OSR Health Stock Loyalty Program Will Not Cause Automatic Price Reductions

Nasdaq Confirms OSR Health Stock Loyalty Program Will Not Cause Automatic Price Reductions

New York, Friday, 31 July 2026.
Nasdaq confirmed OSR Health’s loyalty program will not trigger automatic price drops, offering clarity to investors whose share positions could potentially expand up to sixfold as milestones are met.

Big Tech Divergence: Amazon Surges on Cloud Demand While Apple Drops Over Supply Constraints

Big Tech Divergence: Amazon Surges on Cloud Demand While Apple Drops Over Supply Constraints

New York, Friday, 31 July 2026.
Amazon stock surged 14% on July 31, 2026, driven by a 37% cloud growth spurt, while Apple dropped 9% as severe chip shortages triggered weak sales guidance.

AZIO AI Partners With AT&T to Power Massive Texas Data Campus

AZIO AI Partners With AT&T to Power Massive Texas Data Campus

Dallas, Friday, 31 July 2026.
AZIO AI has secured a $2.4 million agreement with AT&T for high-speed fiber connectivity at its 500-megawatt Texas campus, establishing essential digital infrastructure for large-scale artificial intelligence operations.

Novo Nordisk Shares Plunge 10% Following Failed Heart Disease Trial

Novo Nordisk Shares Plunge 10% Following Failed Heart Disease Trial

Copenhagen, Friday, 31 July 2026.
Novo Nordisk stock tumbled 10% on July 31, 2026, after its experimental drug ziltivekimab failed to reduce major cardiovascular risks, raising pipeline concerns beyond its flagship GLP-1 treatments.