Companies

Bergen Carbon slashes Q2 2026 cash burn by 33%, secures patent milestone
Norwegian carbon capture firm Bergen Carbon reports a 33% reduction in quarterly cash burn and achieves a key patent milestone ahead of its 2026 commercialization targets.

HSBC global insurance head Moncreiffe to depart
Departure of HSBC’s global insurance business head follows recent executive reshuffles at the bank. Succession planning underway.

DeepSeek expands into data center construction with hiring push
Chinese AI firm DeepSeek ramps up recruitment for data center projects as it diversifies beyond model development into infrastructure expansion.

Amazon reinstates arbitration clause, halting new class-action lawsuits
Retail giant requires employees and customers to resolve disputes through private arbitration, limiting legal recourse. Move follows prior policy reversals and ongoing litigation.

UK PM Burnham pledges business support amid tight finances
Prime Minister Andy Burnham outlines measures to assist businesses facing a challenging economic environment, citing tight public finances.

Jury in Italian insurance CEO murder trial to remain anonymous
Court orders anonymity for jurors in the high-profile trial of Luigi Mangione, accused of orchestrating the murder of an insurance executive.

Australia sets minimum pay, insurance rules for gig delivery workers
New regulations establish wage floors and mandatory insurance for gig economy delivery drivers, aligning with broader labor policy shifts.

Glenmark’s U.S. unit settles antitrust case with Humana for $15.3 million
Pharmaceutical company Glenmark Pharmaceuticals Inc. USA resolves legal dispute with Humana over alleged anticompetitive practices in generic drug pricing.

AI’s productivity gains hinge on organizational overhaul, not tech add-ons
Strattam Capital co-founder argues firms must redesign teams and workflows to unlock AI’s full potential, citing 3x productivity gains.

Trump says plane faced ‘greater risk’ during flight change
Former U.S. president alleges safety concerns during private jet diversion, citing unspecified risks.

U.S. blocks Medicaid funds for gender-affirming care for minors
New federal rule halts Medicaid reimbursement for gender-affirming treatments for low-income minors, effective immediately. States retain discretionary authority over coverage decisions.

Commerce.com Outlines AI-Driven Growth Strategy at Oppenheimer Conference
Commerce.com executives discussed how shifting toward artificial intelligence is reshaping the company's long-term growth plans during the Oppenheimer conference.

Firefly Q2 2026 revenue tops $100M, backlog at $1.5B
Firefly Aerospace reports record quarterly revenue and a backlog exceeding $1.5 billion for Q2 2026, signaling strong demand for its space launch services.

Black Rock Coffee forecasts 25% revenue growth, plans 200 new stores
Coffee chain outlines aggressive expansion strategy for fiscal Q2 2026, targeting 200 new locations amid projected revenue surge.

National CineMedia buys Captivate digital ad network
Deal expands National CineMedia’s reach into out-of-home digital advertising beyond cinema screens.

Fermi secures 2.6 GW power deal for Texas AI campus
Fermi Energy signs agreement to expand power capacity at its Texas AI data center campus, supporting high-density computing infrastructure.

Vornado, Rudin form $6.2B NYC tower JV with Griffin
Landmark Manhattan development backed by Blackstone affiliate in largest U.S. real estate transaction of 2025.

National CineMedia to buy Captivate for $275 million
Deal expands National CineMedia's reach in out-of-home advertising with Captivate's airport and office networks.

TechnipFMC secures Angola offshore contract
Angola awards TechnipFMC a contract to develop an offshore project, extending the engineering firm's footprint in Africa's oil sector.

Andersen Global buys UK tax firm, SPR Consulting for $60M
Deal expands Andersen Global’s tax advisory footprint in the UK and U.S. with combined $60 million acquisition.

CME Group to launch NHL futures contracts on Sept. 28
New contracts will allow traders to bet on NHL season outcomes, marking the exchange’s expansion into sports betting derivatives.

Informa TechTarget unveils B2B AI Authority Index tool
New tool ranks companies by AI influence, leveraging TechTarget’s enterprise tech data and Informa’s industry reach.

Alpha Compute signs deal for Pennsylvania data center
The agreement marks a step toward expanding the company's U.S. infrastructure footprint.

Trump administration to spend $900 million on White House construction
Funding for upgrades and renovations to exceed $900 million, per Washington Post report citing administration plans.

