latest news in companies
Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split
Chicago, Tuesday, 16 December 2025.
Effective January 1, 2026, former Kellanova chief Steve Cahillane takes the helm at Kraft Heinz, leveraging his specific experience leading Kellogg’s breakup to guide the food giant’s own strategic separation.
Ellomay Capital to Sell Controlling Stake to Nofar Energy in $310 Million Deal
Tel Aviv, Tuesday, 16 December 2025.
Ellomay Capital executes a definitive agreement to sell its controlling stake to Nofar Energy at a $310.4 million valuation, triggering a 10% stock surge while ensuring leadership continuity.
Tesla Shares Rally Near Record Highs as Fully Driverless Robotaxi Testing Begins in Austin
Austin, Tuesday, 16 December 2025.
Shares rallied over 3 percent as Tesla confirmed a major milestone: Robotaxis are now navigating Austin traffic with zero occupants, signaling accelerated autonomous deployment.
Ford Replaces All-Electric F-150 Lightning With 700-Mile Extended Range Model
Dearborn, Tuesday, 16 December 2025.
Ford’s strategic shift replaces the all-electric Lightning with a generator-backed model, boasting a massive 700-mile range to eliminate towing anxiety while retaining electric performance.
Lightwave Logic Prices $35 Million Stock Offering to Double Cash Reserves for AI Expansion
Englewood, Tuesday, 16 December 2025.
On December 15, 2025, Lightwave Logic (NASDAQ: LWLG) priced a $35 million underwritten public offering, a pivotal financial maneuver projected to double its cash position to approximately $70 million. This substantial liquidity injection is strategically earmarked to accelerate the commercialization of electro-optic polymers, a key technology for enhancing speed and power efficiency in generative AI data centers. While the immediate market reaction reflects typical volatility associated with equity dilution—with shares trading around $3.26—the long-term play focuses on expanding U.S. manufacturing capacity and securing design-ins. By terminating its previous equity line of credit in favor of this offering, management signals a commitment to a robust balance sheet capable of supporting aggressive scaling and potential M&A activity in the rapidly evolving photonics sector.