Companies
Pennsylvania imposes strict rules on AI data centers amid growing scrutiny
Governor Josh Shapiro signs executive order requiring environmental safeguards, local approvals and transparency for new AI data centers. Amazon’s $20 billion investment in Pennsylvania is affected.
FCC probes Disney’s DEI practices as agency defends investigation
FCC Chair Brendan Carr says no decision has been made yet on revoking Disney’s ABC licenses amid a probe into diversity initiatives. The agency faces pushback over its early review of the broadcaster’s eight owned stations.
Genentech completes $2 bln North Carolina biomanufacturing facility
Structural framework finished for Genentech's first East Coast plant, part of a $50 bln Roche commitment to U.S. biotech infrastructure. Facility to employ 2,000+ once operational.
Taboola to power NBC News display ads in expanded deal
Partnership expands beyond native ads to programmatic display campaigns on NBCNews.com and TODAY.com, leveraging Taboola's Realize platform for performance-based advertising.
Total Wireless, Western Union expand money transfer services to 2,000+ U.S. stores
Partnership enables fee-free monthly transfers for eligible customers through 2026. Services include bill payments and money orders alongside 5G plans.
U.S. sanctions British Virgin Islands firm linked to Venezuela oil sector
Sanctions target Bluwaves Properties Limited, an offshore entity with ties to North American Blue Energy Partners, a major Venezuelan private oil producer. The move follows a $300 million sale by U.S. energy magnate Harry Sargeant III.
Swiss financial planner flags 'fourth pillar' of retirement savings
A Zurich-based financial planner estimates a 40-year-old needs an extra CHF 570,000 to maintain a CHF 100,000 annual retirement income. ETF savings plans and Pillar 3a tax-advantaged accounts cited as key tools.
Genfer Privatbank Hinduja wechselt zu ARYA, ernennt neuen CEO
Das traditionsreiche Schweizer Private-Banking-Haus Hinduja Banque Privée wird als ARYA Banque Privée neu positioniert, mit modernisierter Führung und einer produktorientierten Strategie. Pascal Botteron übernimmt die CEO-Rolle.
Raiffeisen ex-CEO Vincenz awaits appeal verdict in Zurich
Former Raiffeisen and Aduno executives face reduced sentences after appeal hearing highlights disputes over hidden stakes, loan payments and alleged financial harm.
DocMorris raises 2026 outlook after H1 Rx revenue growth accelerates
Swiss online pharmacy posts 38% H1 revenue growth as prescription volumes surge, lifting full-year guidance and targeting EBITDA breakeven by year-end.
SolvChem secures expanded credit facility from Amegy Bank
The $14 billion-asset Amegy Bank unit boosts SolvChem’s revolving and term-loan capacity to fund new production lines and organic expansion. Westlake Securities acted as sole financial adviser.
Square, OpenTable deepen integration to unify restaurant reservations and payments
Partnership expands to link reservation data with Square’s transaction and guest analytics across six countries, aiming to streamline operations for 70,000+ venues.
Daimler Truck ordered to pay manager €210,000 in gender pay dispute
A female manager at Daimler Truck won a legal battle over alleged gender pay discrimination, securing back pay for 2018-2022. The court ruled in her favor after Daimler failed to disprove bias claims.
Disney, ABC sue FCC over broadcast license review threat
Media giant files lawsuit to block early license reviews for eight ABC stations, alleging regulatory retaliation over editorial decisions. FCC cites diversity policy investigation as justification.
Home Depot rolls out nationwide three-hour express delivery service
Flat-fee service leverages 2,200+ U.S. stores for rapid fulfillment of hardware, tools and paint to doorsteps and job sites. No subscription required.
Academic Alpha appoints Harald Reczek as Partner and Head of Business Development
Reczek brings over two decades of asset and wealth management experience from EFG International, Credit Suisse and Deutsche Bank to Academic Alpha’s Bern-based team.
Morgan Stanley tracks pet food and cat litter sales trends amid shifting consumer demand
Pet category growth edged higher in the latest four-week period, with branded players gaining share while private labels cooled. Morgan Stanley cites NielsenIQ data covering major retailers and e-commerce platforms.
German gaming hardware prices surge amid chip shortages and AI demand
Hardware spending in Germany fell 8% in H1 2026 as chip scarcity and AI-driven RAM costs pushed prices higher. Gamescom 2026 prepares for record exhibitor turnout amid industry shifts.
Swiss Senate panel backs immigration fee for EU workers under Bilateral III
Committee proposes levy on EU and third-country employees if post-agreement migration surges, with proceeds earmarked for domestic labor incentives and population distribution.
Migros Bank Seeks Retail Banking Head After Schawalder's Departure
Markus Schawalder, head of retail banking and executive board member at Migros Bank, is leaving to pursue new professional opportunities.
Mexican banks settle bond price-fixing lawsuit for $86.4 million
Banorte, BBVA Mexico and others resolve U.S. lawsuit alleging collusion in Mexican government bond prices. Settlement avoids prolonged litigation.
SouthState Bank launches banking unit for government contractors
New unit aims to serve U.S. government contractors with tailored financial services, expanding SouthState's commercial banking footprint.
DayOne secures $530m green loan for Singapore data center
Singapore-based DayOne raises $530m in financing for its next-generation data center, earmarked for sustainable operations and expansion.
Uber, Zipline expand drone deliveries for Uber Eats in U.S.
Partnership aims to scale autonomous drone delivery for food orders across multiple U.S. cities starting this year.