latest news in companies

Ford Invests 1 Billion Dollars in Kentucky Plant Following US Political Pressure

Ford Invests 1 Billion Dollars in Kentucky Plant Following US Political Pressure

Dearborn, Sunday, 13 September 2026.
Ford Motor Company announced a $1 billion investment in its Kentucky plant, countering government criticism over its China ties as the automaker faces volatile quarterly earnings in September 2026.

FDA Approves First Muscle-Targeted Treatment for Spinal Muscular Atrophy

FDA Approves First Muscle-Targeted Treatment for Spinal Muscular Atrophy

Cambridge, Saturday, 12 September 2026.
Scholar Rock gained FDA approval for Isembyld, the first therapy directly targeting muscle loss in spinal muscular atrophy, driving a 15% stock surge ahead of its U.S. launch.

AI Startup Anthropic Faces Backlash Over Predictive Surveillance of Activists

AI Startup Anthropic Faces Backlash Over Predictive Surveillance of Activists

San Francisco, Saturday, 12 September 2026.
AI startup Anthropic faces public backlash after reports revealed its internal security team tracks anti-AI activists and categorizes peaceful activism alongside terrorism to predict potential security threats.

Tech Leaders Call for an Immediate Slowdown in Artificial Intelligence Progress

Tech Leaders Call for an Immediate Slowdown in Artificial Intelligence Progress

San Francisco, Saturday, 12 September 2026.
Top technology executives are urging a global slowdown in artificial intelligence development as rapid advances raise unprecedented safety risks, including autonomous cyberattacks and potential loss of human control.

Xanadu Quantum Technologies Trades Publicly as Investors Bet Big on Future Computing

Xanadu Quantum Technologies Trades Publicly as Investors Bet Big on Future Computing

Toronto, Saturday, 12 September 2026.
Photonic quantum developer Xanadu trades publicly with a $3.64 billion valuation, highlighting intense market demand for next-generation computing despite modest revenues and substantial operating losses.

Microsoft's Blizzard Unveils Long-Term Strategy With Major New Game Releases

Microsoft's Blizzard Unveils Long-Term Strategy With Major New Game Releases

Anaheim, Saturday, 12 September 2026.
At BlizzCon 2026, Blizzard announced Diablo 5 for 2029, featuring a post-apocalyptic world where the main villain has already won, alongside a new StarCraft shooter coming in 2030.

Hermès Shares Drop Near Annual Lows Despite Strong Sales Growth

Hermès Shares Drop Near Annual Lows Despite Strong Sales Growth

Paris, Saturday, 12 September 2026.
Hermès stock traded near a 52-week low of €1,399.50 on September 11, 2026, despite strong first-half double-digit sales growth and an impressive 28% profit margin.

Johnson & Johnson Shares Approach Record Highs Amid Potential Major Division Sale

Johnson & Johnson Shares Approach Record Highs Amid Potential Major Division Sale

New York, Saturday, 12 September 2026.
Johnson & Johnson’s market valuation topped $640 billion on September 12, 2026, driven by strong trading performance and reports of a potential $20 billion sale of its orthopedics division.

How Power Grids Are Eliminating a Potent Greenhouse Gas

How Power Grids Are Eliminating a Potent Greenhouse Gas

Paris, Saturday, 12 September 2026.
Driven by new 2026 European climate bans, industrial giants are expanding eco-friendly power grid equipment, propelling a market projected to reach $14.1 billion over the next decade.

Professional Makeup Pioneer TEMPTU Partners With Ulta Beauty to Expand Online Sales

Professional Makeup Pioneer TEMPTU Partners With Ulta Beauty to Expand Online Sales

New York, Saturday, 12 September 2026.
Airbrush makeup brand TEMPTU has joined Ulta Beauty’s online marketplace, allowing the 40-year-old professional label to rapidly scale digital sales without traditional brick-and-mortar storefront overhead.