latest news in companies

MIND Technology Narrows First-Quarter Losses Despite a Sharp Decline in Order Backlogs

MIND Technology Narrows First-Quarter Losses Despite a Sharp Decline in Order Backlogs

New York, Friday, 12 June 2026.
Despite narrowing its first-quarter net loss to $0.41 million, MIND Technology’s shares dropped 7 percent after geopolitical uncertainty caused its order backlog to plunge to $7.6 million.

McGraw Hill Reverses Major Losses to Achieve $35 Million Profit in 2026

McGraw Hill Reverses Major Losses to Achieve $35 Million Profit in 2026

New York, Friday, 12 June 2026.
Reversing an $85.8 million loss, McGraw Hill posted a $35.3 million profit for fiscal 2026. This remarkable turnaround was driven by surging digital subscriptions and new AI learning tools.

Oracle Achieves Record Cloud Revenue but Seeks $40 Billion to Fund AI Expansion

Oracle Achieves Record Cloud Revenue but Seeks $40 Billion to Fund AI Expansion

Austin, Friday, 12 June 2026.
Despite posting record fiscal 2026 revenue, Oracle plans a $40 billion capital raise to fulfill a staggering $638 billion backlog in artificial intelligence infrastructure contracts.

HWAL Targets the $16 Billion K-Pop Industry with New South Korean Joint Venture

HWAL Targets the $16 Billion K-Pop Industry with New South Korean Joint Venture

Seoul, Thursday, 11 June 2026.
HWAL’s newly formed joint venture, Lunar Records Korea, targets the $16 billion K-pop market. Intriguingly, the deal promises a BTS collaboration and mandates US revenue for equity buybacks.

New State Laws Transform Menopause Accommodations Into a Corporate Financial Priority

New State Laws Transform Menopause Accommodations Into a Corporate Financial Priority

Washington, D.C., Thursday, 11 June 2026.
A June 2026 report reveals menopause is now a critical corporate financial risk, with ten states and Washington’s first-ever executive order legally mandating new workplace accommodations.

Zedge Sees Substantial Revenue Growth Driven by a Surge in Active Subscriptions

Zedge Sees Substantial Revenue Growth Driven by a Surge in Active Subscriptions

New York, Thursday, 11 June 2026.
Released today, Zedge’s latest financials reveal a 41 percent jump in active subscriptions alongside a milestone six-figure order for its expanding enterprise artificial intelligence division.

POSCO Funds New Utah Lithium Plant to Strengthen America's Electric Vehicle Supply Chain

POSCO Funds New Utah Lithium Plant to Strengthen America's Electric Vehicle Supply Chain

Green River, Thursday, 11 June 2026.
POSCO Holdings is fully funding a Utah lithium extraction facility, paying a $5.2 million fee to Anson Resources to help secure America’s independent EV battery supply chain by 2028.

New Universal SIM Card Promises to Simplify Power Grid Upgrades

New Universal SIM Card Promises to Simplify Power Grid Upgrades

Bristol, Thursday, 11 June 2026.
Released this week, TESCO’s universal SIM card automatically connects smart power meters to the strongest available network, ending the need for utility companies to juggle multiple carrier contracts.

Kept Companies Expands to 146 Businesses with Three Strategic June Acquisitions

Kept Companies Expands to 146 Businesses with Three Strategic June Acquisitions

Pine Brook, Thursday, 11 June 2026.
Amid a polarized 2026 acquisition market, Kept Companies aggressively expanded its portfolio to an impressive 146 businesses this June, purchasing three specialized firms to capture vital national market share.

New York Creditors Sue TV Azteca Over Suspicious $290 Million Offshore Loan

New York Creditors Sue TV Azteca Over Suspicious $290 Million Offshore Loan

New York, Thursday, 11 June 2026.
US creditors accuse Mexican broadcaster TV Azteca of hiding assets and securing a suspicious $290 million offshore loan weeks before declaring bankruptcy, raising serious corporate governance concerns.