latest news in companies

FedEx Partners with Broadcom to Power Its Global Delivery Network

FedEx Partners with Broadcom to Power Its Global Delivery Network

Memphis, Tuesday, 20 October 2026.
On October 20, 2026, FedEx renewed its partnership with Broadcom to modernize its private cloud infrastructure, ensuring reliable, secure data operations across its global shipping network.

Hilton Leaves Historic Exchange to Join Nasdaq in Digital Shift

Hilton Leaves Historic Exchange to Join Nasdaq in Digital Shift

McLean, Tuesday, 20 October 2026.
Hilton is transferring its stock listing from the New York Stock Exchange to Nasdaq on November 5, 2026, ending an era that began when it became the first listed hotel in 1946.

Walmart Combines Subscriptions into New $120 Annual Pass to Save Shoppers Money

Walmart Combines Subscriptions into New $120 Annual Pass to Save Shoppers Money

Bentonville, Tuesday, 20 October 2026.
Walmart has launched a $120 bundled annual plan combining Walmart+ and Sam’s Club Plus, giving shoppers free delivery, gas discounts, and streaming benefits while undercutting competitors like Amazon.

BlackBerry Car Software Backlog Surges Past One Billion Dollars

BlackBerry Car Software Backlog Surges Past One Billion Dollars

Waterloo, Tuesday, 20 October 2026.
BlackBerry’s automotive software division reached a landmark milestone as its royalty backlog expanded by over 250 million dollars in just two quarters, reaching a record 1.2 billion dollars.

Oil Producer Reports Operational Revenue Growth Driven by Expansion Strategy

Oil Producer Reports Operational Revenue Growth Driven by Expansion Strategy

Houston, Tuesday, 20 October 2026.
EON Resources achieved a 19% increase in first-quarter operational revenues to $4.22 million, supported by initial production from new horizontal wells in Texas’s oil-rich Permian Basin.

GSK Gains FDA Approval for Breakthrough Cancer Immunotherapy

GSK Gains FDA Approval for Breakthrough Cancer Immunotherapy

London, Tuesday, 20 October 2026.
GSK secured landmark US approval for its immunotherapy Jemperli, showing a 76% tumor-free rate in rectal cancer trial patients while trading at a discount compared to industry peers.

Lay's Introduces Holiday Potato Chip Lineup Featuring Viral Dubai Chocolate Flavor

Lay's Introduces Holiday Potato Chip Lineup Featuring Viral Dubai Chocolate Flavor

Plano, Tuesday, 20 October 2026.
Frito-Lay is launching five holiday-themed chip flavors starting October 25, 2026, leveraging viral food trends like Dubai dark chocolate with pistachios to boost fourth-quarter market engagement.

Severe Weather in Chile Cuts Copper Supply at BHP and Anglo American

Severe Weather in Chile Cuts Copper Supply at BHP and Anglo American

Santiago, Tuesday, 20 October 2026.
Mining heavyweights BHP Group and Anglo American reported significant declines in third-quarter copper production through September 2026, driven by unprecedented winter weather conditions in Chile, operational stoppages, and declining ore grades. BHP’s copper output dropped 19% year-over-year to 400,700 metric tons, while Anglo American recorded a 5% drop to 174,900 metric tons. Despite these operational setbacks, both corporations maintained their full-year production guidance. The operational disruptions were cushioned financially by a 40% to 50% year-over-year surge in global copper prices, driven by booming demand from artificial intelligence data centers and global power infrastructure. Copper has now overtaken iron ore as BHP’s largest contributor to operating earnings, reaching $18.19 billion for 2026. However, these weather-related shortfalls highlight critical supply-side vulnerabilities in the global energy transition market.

Cybersecurity Startup Blackwall Reaches $2.2 Billion Valuation as Automated Web Traffic Surges

Cybersecurity Startup Blackwall Reaches $2.2 Billion Valuation as Automated Web Traffic Surges

San Francisco, Tuesday, 20 October 2026.
Estonia-based Blackwall quadrupled its valuation to $2.2 billion after securing $100 million in Series C funding, highlighting surging enterprise demand for cybersecurity tools that filter AI-generated web traffic.

Netflix Restructures and Cuts Jobs as Viewer Engagement Drops Ahead of Earnings

Netflix Restructures and Cuts Jobs as Viewer Engagement Drops Ahead of Earnings

Los Gatos, Tuesday, 20 October 2026.
As Netflix stock drops 25% in 2026, average viewing time per member fell 26%. Recent job cuts and leadership changes highlight its struggle against slowing user engagement.