Companies
Ritchie Bros. launches mobile app with native bidding for global auctions
RB Global unit Ritchie Bros. unveils a redesigned mobile platform enabling direct phone-based bidding, targeting over 120 million annual marketplace visits across construction, transport and energy sectors.
Meta to pay up to $18 bln in U.S. child protection settlement
Nearly 50 states reach agreement with Meta over claims its platforms were designed to addict minors. Deal includes default two-hour time limits for users under 18 and a decade-long payment schedule.
anyBOUND and JTB launch crypto-focused travel rewards and VIP retreats
Partnership combines anyBOUND's crypto incentives with JTB's global travel network to offer tailored retreats and reward programs for blockchain projects.
LPL Financial appoints Jonathan Lewis as CTO and CIO
Lewis, a former Wells Fargo and J.P. Morgan executive, will oversee technology architecture, engineering and infrastructure for LPL Financial, which manages $2.6 trillion in assets.
NextNav, Tiami Networks team up on 5G drone detection tech
Partnership combines NextNav’s 5G PNT network with Tiami’s sensing tech to develop counter-UAS solutions for long-range airspace monitoring and critical infrastructure protection.
DKSH acquires Thai active pharmaceutical ingredient distributor
Swiss distribution services firm DKSH expands its pharmaceutical business in Southeast Asia with the purchase of P.R. Chemicals. Deal expected to close in Q4 2026.
U.S. probes Apex Logistics over alleged Nvidia chip smuggling to China
Singapore-based logistics firm faces investigation into 47 shipments of AI hardware, including Nvidia and Super Micro systems, potentially violating U.S. export controls. Probe led by Commerce Department's Bureau of Industry and Security.
Biogen to deploy Veeva Vault CRM globally in life sciences push
Biogen selects Veeva’s cloud-based Vault CRM to unify global commercial operations amid digital transformation in pharma.
UL Solutions opens European retail hub in Italy with testing, advisory services
New Lombardy center expands UL Solutions' global retail support network with pre-market services, testing, and sustainability offerings for furniture, apparel and cosmetics.
GUSS to deploy Ouster lidar sensors in autonomous orchard fleet
John Deere subsidiary GUSS Automation will integrate Ouster's Rev8 OS0 digital lidar sensors into next-gen autonomous orchard machines, targeting high-value crop environments where GPS precision falls short.
Airbus Spain workers resume strike after pay offer rejected
Strike participation hit 90% as unions reject mediation proposal; company warns hiring freeze amid ongoing industrial action.
Target pulls children’s clown costume after social media backlash
Retailer apologizes for 'Kids' Glows Under Blacklight Circus Clown Halloween Costume' amid accusations of evoking racist caricatures. Shares rose 2.7% in afternoon trading.
Avaloq appoints Nidhi Singh as Chief Product and Development Officer
Singh, a 20-year veteran in product development, joins from Charles River Development to lead Avaloq's global product strategy and engineering. CEO Greweldinger cites her experience in large-scale transformations as key to the firm's Mid-Term Plan 2030.
GKN Aerospace sets up $100 mln fund for California evacuation claims
Melrose Industries unit establishes compensation program for Garden Grove facility incident after Orange County DA closes criminal probe. Fund covers evacuation-related costs including lodging, transport and lost wages.
Calian sells U.S. commercial IT unit to Trace3 for C$43 million
Calian Group exits its Houston-based commercial IT business after five years, netting C$43 million in cash proceeds and assuming C$17 million in liabilities. The deal supports a shift toward defense, space and essential industries.
Eli Lilly study finds Zepbound reduces healthcare costs for patients over 55
Retrospective analysis of 15,843 Medicare claims shows up to 38% lower costs at 12 months, with savings exceeding treatment expenses. Findings published in *Diabetes, Obesity and Metabolism*.
JPMorgan’s Staley admits sharing confidential bank data with Epstein
Former JPMorgan executive Jes Staley told U.S. lawmakers he disclosed sensitive client and bank details to Jeffrey Epstein, including $44 billion in private bank inflows over two weeks. The admissions came during a closed-door House Oversight Committee interview.
London police deploy 20 high-speed e-bikes to combat phone theft
Metropolitan Police rolls out electric bicycles capable of 80 km/h to deter mobile phone snatch-and-grab crimes amid a 20% drop in thefts over the past year.
Mesoblast targets $115M revenue in FY2026 commercial transition
Biotech firm reports RYONCIL sales driving 590% revenue jump to $120.25M, narrows net loss by 44%, and secures $125M credit line as pipeline advances.
Temenos named Leader in Gartner’s 2026 European retail core banking ranking
Gartner’s latest Magic Quadrant places Temenos at the top for completeness of vision, underscoring its market-leading position in modernizing European retail banking systems.
Parsons wins $14B defense intelligence contract
The engineering and technology firm will provide services under a newly awarded contract.
Parsons assegura posição em contrato de defesa de US$ 14 bilhões
A Parsons foi designada para um contrato de inteligência de defesa no valor de US$ 14 bilhões.
Target to open beauty studios in 600+ stores Sept. 10
The U.S. retailer will introduce dedicated beauty studios in over 600 locations and online, featuring 90 brands and more than 1,600 products, with an in-store event on Sept. 26.
Ukraine awards Elon Musk top state honour for Starlink support
President Zelenskiy honours Musk with the Order of Freedom for contributions to Ukraine’s defense and U.S. relations. Kyiv seeks expanded use of Starlink satellite internet for military operations.