latest news in companies

American Consumers Tighten Budgets, Dragging Down PepsiCo’s Domestic Sales

American Consumers Tighten Budgets, Dragging Down PepsiCo’s Domestic Sales

Purchase, Thursday, 9 July 2026.
PepsiCo’s North American beverage volume fell 4% in the second quarter of 2026 as rising inflation and high gas prices forced domestic consumers to tighten their budgets.

Moderna Schedules Key Financial Review as It Moves Past Covid Vaccines

Moderna Schedules Key Financial Review as It Moves Past Covid Vaccines

Cambridge, Thursday, 9 July 2026.
Reporting Q2 earnings on July 31, 2026, Moderna aims to prove its viability beyond COVID-19, fueled by a massive year-to-date stock rally and an upcoming FDA vaccine decision.

Virgin Media Fined Record £28 Million for Blocking Customer Cancellations

Virgin Media Fined Record £28 Million for Blocking Customer Cancellations

London, Thursday, 9 July 2026.
UK regulator Ofcom fined Virgin Media a record £28 million after finding staff deliberately hung up on canceling customers, driven by commission structures rewarding obstruction.

Apple Invests a Historic $30 Billion to Boost American Chip Manufacturing

Apple Invests a Historic $30 Billion to Boost American Chip Manufacturing

Cupertino, Thursday, 9 July 2026.
In its largest-ever U.S. manufacturing commitment, Apple has secured a historic $30 billion deal with Broadcom to produce over 15 billion American-made wireless chips through 2031.

Bath & Body Works Partners with Hilary Duff to Spark Nostalgia and Sales

Bath & Body Works Partners with Hilary Duff to Spark Nostalgia and Sales

Columbus, Thursday, 9 July 2026.
On July 8, 2026, Bath & Body Works launched its Fruit Fusion collection with Hilary Duff, leveraging millennial nostalgia to drive retail and digital sales growth.

Passenger Pleads Guilty to Brutal Mid-Air Attack on Flight to Las Vegas

Passenger Pleads Guilty to Brutal Mid-Air Attack on Flight to Las Vegas

Las Vegas, Thursday, 9 July 2026.
A passenger pleaded guilty to a mid-air assault after attacking a seatmate with three pens bound by hair bands, admitting he aimed to pierce the victim’s brain.

New Tools Launched to Keep Autonomous AI Safely Under Human Control

New Tools Launched to Keep Autonomous AI Safely Under Human Control

San Francisco, Thursday, 9 July 2026.
Released on July 9, 2026, new enterprise tools aim to govern autonomous AI, addressing fears as experts warn 40% of agent projects could fail by 2027 without control.

QXO Expands Construction Footprint with $17 Billion TopBuild Acquisition

QXO Expands Construction Footprint with $17 Billion TopBuild Acquisition

New York, Thursday, 9 July 2026.
On July 8, 2026, QXO celebrated its massive $17 billion acquisition of TopBuild by ringing the NYSE opening bell, signaling major consolidation in the building materials industry.

Xbox Directs Obsidian Studio to Develop a New Fallout Game

Xbox Directs Obsidian Studio to Develop a New Fallout Game

Redmond, Thursday, 9 July 2026.
Amid sweeping Xbox layoffs, Obsidian Entertainment has canceled its planned Avowed sequel to develop a new Fallout game, capitalizing on the franchise’s massive television success.

Secondhand Clothing Marketplace Fleek Raises $25 Million to Scale AI Technology

Secondhand Clothing Marketplace Fleek Raises $25 Million to Scale AI Technology

San Francisco, Thursday, 9 July 2026.
Fleek secured $25 million in Series B funding to scale its AI platform, which automates the manual grading and pricing of the 24 billion garments traded annually.