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.