latest news in companies
Largest Electric Plane Completes Maiden Flight on Five Dollars of Power
Plattsburgh, Friday, 21 August 2026.
Heart Aerospace successfully flew its X1 demonstrator aircraft using just $5 in electricity. The test proves battery power can significantly reduce operating costs for regional airline travel.
Investor Marc Stad Buys Majority Stake in Minnesota Timberwolves at $4.5 Billion Valuation
Minneapolis, Friday, 21 August 2026.
Investor Marc Stad acquired controlling ownership of the Minnesota Timberwolves and Lynx at a $4.5 billion valuation, tripling the franchise’s value since 2021 as sports asset prices soar.
Robinhood Stock Rises Following Launch of New Trading Tools and Expansion Into Private Markets
Menlo Park, Friday, 21 August 2026.
Robinhood stock climbed over 4% after introducing artificial intelligence trading features and new funds targeting private market investments, signaling strong growth across retail brokerage services.