latest news in companies

Helion Energy Clears Critical Fusion Threshold in Race for 2028 Commercial Power

Helion Energy Clears Critical Fusion Threshold in Race for 2028 Commercial Power

Everett, Friday, 13 February 2026.
Helion Energy achieved 150 million degrees Celsius—ten times hotter than the sun’s core. This breakthrough validates their fusion technology, keeping the ambitious 2028 commercial power target on track.

Moderna Reports $2.8 Billion Loss as FDA Rejects Flu Vaccine Filing

Moderna Reports $2.8 Billion Loss as FDA Rejects Flu Vaccine Filing

Cambridge, Friday, 13 February 2026.
Moderna reported a $2.8 billion loss for 2025 while facing a major setback: the FDA refused its flu vaccine filing, even as international regulators accepted the application.

Arista Networks Defies Market AI Jitters with Record Revenue and Profit Surge

Arista Networks Defies Market AI Jitters with Record Revenue and Profit Surge

New York, Friday, 13 February 2026.
While broad market sentiment sours on artificial intelligence disruption, Arista Networks provided a stunning counter-narrative, with shares jumping after the company surpassed $1 billion in quarterly net income for the first time. This performance suggests that despite general market caution, the fundamental demand for the infrastructure powering the AI economy remains remarkably robust.

Goldman Sachs Legal Chief Resigns After Documents Reveal Extent of Epstein Relationship

Goldman Sachs Legal Chief Resigns After Documents Reveal Extent of Epstein Relationship

New York, Friday, 13 February 2026.
Goldman Sachs’ general counsel resigned following revelations she advised Jeffrey Epstein and accepted luxury gifts, referring to the disgraced financier as “Uncle Jeffrey” in private correspondence.

Sanofi Appoints Belén Garijo as CEO to Revive Stalled Growth Strategy

Sanofi Appoints Belén Garijo as CEO to Revive Stalled Growth Strategy

Paris, Friday, 13 February 2026.
Following severe R&D setbacks and a 25% stock decline, Sanofi replaces CEO Paul Hudson with former Merck KGaA chief Belén Garijo to instill rigor and accelerate its turnaround.

Air T Seeks Capital to Fuel Commercial Engine Expansion and Strategic Growth

Air T Seeks Capital to Fuel Commercial Engine Expansion and Strategic Growth

Denver, Saturday, 14 February 2026.
Air T leverages preferred securities to fund commercial engine expansion, a strategic move following its recent high-profile acquisition of Australia’s Rex Regional Airlines to drive long-term value.

FDA Elevates Cake Mix Recall to Highest Risk Level Due to Allergen Threat

FDA Elevates Cake Mix Recall to Highest Risk Level Due to Allergen Threat

Washington D.C., Thursday, 12 February 2026.
On February 10, the FDA escalated the B.C. Williams cake mix recall to Class I, warning that undeclared milk allergens now pose a probability of serious injury or death.

AST SpaceMobile Shares Slide Following Announcement of $1 Billion Capital Raise

AST SpaceMobile Shares Slide Following Announcement of $1 Billion Capital Raise

Midland, Thursday, 12 February 2026.
Stock dropped 11% as the company seeks $1 billion via convertible notes to restructure debt and scale operations, overshadowing the successful deployment of its next-generation BlueBird 6 satellite.

Stellantis Issues Critical 'Do Not Drive' Order for 225,000 Older US Vehicles

Stellantis Issues Critical 'Do Not Drive' Order for 225,000 Older US Vehicles

Detroit, Thursday, 12 February 2026.
On February 11, 2026, Stellantis issued a severe “Do Not Drive” warning for approximately 225,000 older Dodge, Chrysler, Jeep, and Ram vehicles across the United States. This directive addresses the critical danger posed by defective Takata airbag inflators, which risk exploding and projecting metal shrapnel upon deployment—a defect already linked to 28 deaths nationally. Despite the automaker having successfully repaired 95% of the affected fleet over the last decade, this urgent move underscores the persistent operational and safety liabilities associated with the massive Takata recall. Owners of specific 2003–2016 models are advised to cease vehicle operation immediately, as the chemical propellant in these aging inflators degrades dangerously over time, significantly increasing the risk of fatal rupture.

Nuveen to Acquire Schroders for $13.5 Billion, Ending 222 Years of Independence

Nuveen to Acquire Schroders for $13.5 Billion, Ending 222 Years of Independence

London, Thursday, 12 February 2026.
This $13.5 billion deal creates a $2.5 trillion asset management powerhouse, significantly marking the end of 222 years of independence for the historic British firm.