Business

Micron Shares Rebound to Defy Memory-Chip Selloff as Wall Street Holds Firm

Micron Technology shares reversed sharp losses to finish higher, defying a memory-chip selloff that pressured rivals Sandisk and Western Digital as Wall St

Twilio Shares Surge 31% After Earnings Beat as AI Tools Gain Traction

Twilio stock jumped about 31% after a stronger-than-expected earnings report, driven by growing adoption of its AI-powered customer engagement tools.

FAA Orders Crack Inspections for Hundreds of Boeing 737 Max Jets

The FAA has finalized a directive requiring crack inspections for 471 Boeing 737 Max jets, effective September 10, following reports in older models.

Trump Administration Renews Push to Remove Fed Governor Lisa Cook Over Mortgage Claims

The Trump administration has revived its push to remove Fed governor Lisa Cook over mortgage claims, giving her until August 26 to respond.

US Economy Sheds 23,000 Jobs in July as Rate Hike Bets Fade

The US economy lost 23,000 jobs in July as labour force participation slumped, prompting markets to cut bets on a September Federal Reserve rate hike.

CECO Environmental to Acquire Thermon Group in $2.2 Billion Deal, Creating Industrial Solutions Powerhouse

CECO Environmental announces a $2.2 billion deal to acquire Thermon Group, creating a global industrial solutions leader in environmental and thermal technologies. Learn about the strategic benefits and transaction details.

Atlanta Fed Chief Bostic Issues Stark Warning on AI’s Potential Impact on U.S. Job Market

Atlanta Federal Reserve President Raphael Bostic warns that artificial intelligence could lead to higher unemployment rates, a challenge that monetary policy alone may not be able to address. Explore the potential economic impacts and policy implications.

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

TopFan Opens Its Fan-Community Platform to Individual Creators, Targeting the “Owned Audience” Boom

TopFan is expanding its fan-community platform to individual creators, offering a direct-to-fan hub for paid communities, merch, livestreams, and audience data—highlighting the 2026 shift toward owned audiences and creator-controlled monetization.

Honeywell Revises Deal for Johnson Matthey’s Catalyst Business, Slashing Price to $1.79 Billion

Honeywell International Inc. has successfully renegotiated its agreement to acquire Johnson Matthey Plc's Catalyst Technologies business, significantly reducing the acquisition price to approximately $1.79...

Israel’s Central Bank Holds Interest Rates Amid Escalating Iran Tensions

The Bank of Israel holds interest rates steady at 4% due to escalating geopolitical uncertainty surrounding potential conflict with Iran, despite easing inflation and a strong shekel.

Fed’s Waller Signals Potential Rate Pause: Labor Data Key to March Decision

Federal Reserve Governor Christopher Waller suggests a potential pause in interest rate hikes at the March meeting, contingent on upcoming labor market data. A strong jobs report could lead to holding rates steady, while weaker data might prompt a cut.

Avidity Biosciences Delays Shareholder Meeting to Facilitate Novartis Merger and Spin-Off

Avidity Biosciences postpones its special stockholder meeting to February 26, 2026, to facilitate the spin-off of Atrium Therapeutics and the subsequent merger with Novartis, expected to close on February 27, 2026.

Ekco Bolsters Operational Technology Capabilities with Datalogix Acquisition

Ekco acquires Datalogix, a Cork-based OT company, to expand its operational technology capabilities and strengthen its market position in Ireland, the UK, and the US.

Allurion’s Swallowable Gastric Balloon Gets FDA Green Light, Offering a New Option in Obesity Care

Allurion's swallowable gastric balloon receives FDA approval, creating a new non-surgical weight loss option for millions of Americans battling obesity.

Apolo V and TelyRx Set to Join Forces in Major Healthcare Tech Deal

Apolo V and TelyRx announce agreement to merge, creating a major new healthcare tech entity. Shareholder meeting rescheduled as deal advances pending approvals.

American States Water Delivers Strong 2025 Results: Earnings, Revenue, and Dividend Milestones

American States Water enjoyed strong 2025 results, posting higher adjusted earnings and revenues, major infrastructure investments, and its 71st straight year of raising dividends. Read the key financials, segment highlights, and expansion efforts.

Incap Makes Strategic Leap with Acquisition of Germany’s Lacon Group

Incap Corporation announces strategic acquisition of Germany’s Lacon Group, expanding its presence in the defense and electronics sectors in Europe. Find out the deal details, strategic implications, and expected outcomes.

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