FedEx expands its blended sustainable aviation fuel (SAF) program to Dallas-Fort Worth and JFK airports, part of a coast-to-coast push. The move comes as the logistics industry grapples with supply constraints and policy uncertainties that threaten broader adoption of lower-carbon alternatives.
Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.
Mining giant Rio Tinto and state-owned Aluminum Corporation of China (Chalco) have entered a definitive agreement to acquire a controlling 68.6% stake in Brazil's Companhia Brasileira de Alumínio (CBA) from Votorantim, valuing the deal at approximately $902.6 million. The move signals a major consolidation in the global low-carbon aluminum sector.
Amazon files notice for over 2,200 corporate job cuts, signaling a continued push for efficiency as it ramps up spending on AI and cloud infrastructure, leaving investors to weigh near-term profit pressures against long-term growth bets.
Amid warnings that China is pulling ahead in the autonomous vehicle race, U.S. lawmakers and industry leaders from Waymo and Tesla are pressing Congress to break a legislative logjam and accelerate the deployment of self-driving cars on American roads.
The investor famed for predicting the 2008 crash warns Bitcoin's sharp decline could trigger a self-reinforcing liquidation cycle, straining balance sheets of corporate holders and miners, with potential spillover effects into tokenized commodities.
Major corporations, from Pfizer to Amazon, are increasingly turning to flexible workspace providers to establish satellite offices, driving significant expansion in the sector despite a broader office market recalibration.
Packaging Corporation of America's Q4 earnings fell short of estimates, driven by elevated costs and softer volumes. While management pointed to integration challenges and operational headwinds, analysts on the call pressed for clarity on the path to margin recovery and synergy realization.
Packaging Corporation of America's shares have nearly doubled over five years, but a deep dive reveals a split picture: one model screams bargain, while another suggests caution. Investors are left weighing robust historical performance against conflicting signals on current value.
Silicon Valley's SiTime Corp. is finalizing a landmark deal to acquire the timing device division of Japan's Renesas Electronics, a move set to reshape the semiconductor landscape for wireless and AI infrastructure.
Beyond the headlines of rocket launches, companies building the critical infrastructure for the orbital economy are gaining strategic importance. Redwire Corporation (NYSE: RDW), with its niche technologies powering everything from lunar missions to potential space-based data centers, presents a compelling, if complex, investment thesis in the burgeoning space sector.
As the U.S. wine industry grapples with a multi-year slump, iconic tasting rooms are shuttering. The latest casualty is Hall of Fame NFL coach Dick Vermeil's Napa venue, a move reflecting broader shifts in consumer habits and market pressures.
Following the UK Prime Minister's visit to Beijing, China has agreed to slash tariffs on UK-produced whiskies from 10% to 5%, a move welcomed by the industry as a potential catalyst for growth in a key premium market.
Carnival Corporation & PLC saw its stock price climb sharply Thursday, buoyed by robust earnings from rival Royal Caribbean and the company's own announcement of a planned corporate unification and dividend payment.
A significant majority stake in Fifth Era Acquisition Corp I (NASDAQ:FERA) is held by institutional investors, a signal often interpreted as a strong vote of confidence in the blank-check company's future prospects and strategic direction.
In a bid to break the deadlock on a pivotal crypto bill, major industry players are reportedly offering new concessions to traditional banks, aiming to address fears over disintermediation and share the stablecoin pie. Despite a recent closed-door Senate meeting described as 'productive,' a final agreement remains elusive.
Washington Trust Bancorp reported a stronger-than-anticipated fourth quarter, fueled by margin expansion and robust growth in deposits and wealth management. As the stock rallies post-earnings, analysts are pressing management on the durability of these gains and the bank's strategic execution.
Origin Bancorp's fourth-quarter earnings surpassed analyst forecasts, driven by strategic hires and cost discipline. However, the subsequent conference call revealed pointed questions from analysts focused on margin pressures and the long-term payoff of its 'Optimize Origin' initiative.
Amazon's recent workforce reductions, bringing total corporate cuts to 30,000, reflect a broader shift in how layoffs are perceived. No longer framed as a sign of failure, they are increasingly presented as a strategic, forward-looking move to streamline operations and focus on priorities like AI, a narrative that resonates with investors despite the human impact.
A consortium of nine major corporations, including Google and Singapore Airlines, is launching a voluntary trial for centralized sustainable aviation fuel (SAF) procurement. This pilot, led by the newly formed SAFCo, is a critical step ahead of Singapore's pioneering green levy on departing flights set for October, aiming to refine systems for a 1% SAF usage target.
