latest news in companies

Six Flags Faces Legal and Safety Investigation After Deadly Georgia Coaster Accident

Six Flags Faces Legal and Safety Investigation After Deadly Georgia Coaster Accident

Atlanta, Tuesday, 13 October 2026.
Six Flags Over Georgia faces joint police and state safety investigations after a guest tragically fell from the 70 mph Goliath roller coaster, resulting in one death and multiple injuries.

Hedgeye Asset Management to Shut Down and Liquidate Two Main Investment Funds

Hedgeye Asset Management to Shut Down and Liquidate Two Main Investment Funds

Stamford, Monday, 12 October 2026.
Hedgeye Asset Management will delist two prominent exchange-traded funds on October 20, 2026, liquidating assets by October 26 and triggering taxable capital distributions for remaining shareholders.

INSURICA Broadens Small Business Reach with Acquisition of WorkCompOne

INSURICA Broadens Small Business Reach with Acquisition of WorkCompOne

Oklahoma City, Monday, 12 October 2026.
Insurance broker INSURICA has acquired online platform WorkCompOne to accelerate digital workers’ compensation services, enhancing policy issuing efficiency across its $2 billion premium portfolio.

Albertsons Demands $9.3 Billion From Kroger Following Failed Grocery Merger

Albertsons Demands $9.3 Billion From Kroger Following Failed Grocery Merger

Boise, Monday, 12 October 2026.
Albertsons is seeking over $9.3 billion from Kroger in court, claiming its rival deliberately breached their contract and caused the historic $24.6 billion grocery merger to collapse.

Lufthansa Boeing Jet Barely Avoids Runway Crash During Landing in Los Angeles

Lufthansa Boeing Jet Barely Avoids Runway Crash During Landing in Los Angeles

Los Angeles, Monday, 12 October 2026.
A Lufthansa Boeing 747 aborted its landing at Los Angeles International Airport after bouncing heavily and narrowly avoiding a tail strike. The aircraft landed safely on its second attempt.

PepsiCo Plans Snack and Drink Price Increases After Exhausting Tariff Refunds

PepsiCo Plans Snack and Drink Price Increases After Exhausting Tariff Refunds

New York, Monday, 12 October 2026.
PepsiCo will raise snack and soda prices by single-digit percentages after exhausting a $178 million federal tariff refund, highlighting corporate margin pressures despite softening North American consumer demand.

Why Soaring Battery Power Is Forcing Industry Leaders to Rethink Safety Standards

Why Soaring Battery Power Is Forcing Industry Leaders to Rethink Safety Standards

Detroit, Monday, 12 October 2026.
As lithium-ion energy density surged over eightfold, top industry experts will convene in Detroit on October 14, 2026, to address mounting battery fire and containment risks.

Take-Two Interactive Faces Financial Risk as Hackers Threaten Full Grand Theft Auto 6 Leak

Take-Two Interactive Faces Financial Risk as Hackers Threaten Full Grand Theft Auto 6 Leak

New York, Monday, 12 October 2026.
Extortion group Cyberleek threatens to release a stolen build of Grand Theft Auto VI unless corporate demands or cryptocurrency fundraising targets are met, threatening publisher Take-Two Interactive’s financial valuation.

Lockheed Martin Unveils Shipping Container System to Launch Military Drones in Minutes

Lockheed Martin Unveils Shipping Container System to Launch Military Drones in Minutes

Bethesda, Monday, 12 October 2026.
Lockheed Martin’s new containerized drone system enables rapid, runway-free deployment of four autonomous aircraft in remote locations, transforming military logistics and operational agility in challenging environments.

BASF Pledges Job Protections to Advance Potential Evonik Takeover

BASF Pledges Job Protections to Advance Potential Evonik Takeover

Ludwigshafen, Monday, 12 October 2026.
To overcome political opposition and advance takeover discussions, chemical giant BASF pledged to protect Evonik’s German production sites and honor existing employment guarantees lasting through 2032.