Executive Appointments

Business

Adobe and Cognizant Forge Deeper Alliance to Power Enterprise Content with AI

Adobe and Cognizant are expanding their strategic partnership to help major corporations integrate generative AI into content creation and customer experience workflows. The move targets regulated, high-growth industries grappling with soaring demand for personalized content, positioning Adobe's tools as enterprise-ready solutions amid investor scrutiny over its stock performance.

Feb 2, 2026

Business

Chicago's Downtown Core Faces Unprecedented Office Vacancy Crisis, Raising Economic Alarm

Chicago's downtown office vacancy rate soared to a historic 28.2% at the close of 2025, more than double pre-pandemic levels, as remote work trends and business climate concerns drive a 14th consecutive quarter of record vacancies. Analysts warn of a deepening economic spiral with implications for city services and residents.

Feb 2, 2026

Business

Binance Commits $1 Billion to Bitcoin as Market Tumbles, Kicks Off with $100 Million Purchase

Amid a sharp crypto market downturn, Binance has begun converting $1 billion into Bitcoin for its SAFU insurance fund, starting with a $100 million buy. The move comes as Bitcoin's plunge below $80,000 leaves many ETF investors underwater and reignites debate over the causes of October's market crash.

Feb 2, 2026

Sanofi's Long-Delayed Rare Disease Drug Shows Promise for Neurological Gaucher, Falters in Fabry

After a decade of development and multiple clinical setbacks, Sanofi's venglustat has met its primary goal in a Phase 3 trial for Type 3 Gaucher disease, offering new hope for neurological symptoms. The drug, however, failed a separate late-stage study for Fabry disease.

Feb 2, 2026

Business

Frost Bank Charts Independent Course as Texas Banking Landscape Consolidates

Amid a flurry of bank mergers and acquisitions reshaping Texas, San Antonio-based Frost Bank is doubling down on its organic growth strategy. CEO Phil Green asserts the bank has "zero interest" in M&A, positioning itself to win customers dislocated by industry upheaval.

Feb 2, 2026

Business

MicroStrategy's Massive Bitcoin Bet Briefly Turns Red as It Continues $56 Billion Accumulation

The enterprise software firm's unprecedented Bitcoin treasury position fell below its average cost basis over the weekend, marking a rare paper loss event, even as the company continues its aggressive acquisition strategy.

Feb 2, 2026

Business

Carbon Markets Veteran Ryan King Joins Climate Impact Partners as Chief Growth Officer

Climate Impact Partners bolsters its leadership team with the appointment of Ryan King, former CCO of carbon removal firm Undo Carbon, signaling aggressive expansion plans in the evolving voluntary carbon market.

Feb 2, 2026

Business

A New Direction for the Fed: How Kevin Warsh's Nomination Signals Relief for Main Street and the Trucking Industry

After years of aggressive rate hikes blamed for stifling manufacturing and squeezing truckers, the nomination of Kevin Warsh to lead the Federal Reserve suggests a pivotal policy shift. This analysis examines the toll of recent monetary policy on the freight sector and what a Warsh-led Fed might mean for its recovery.

Feb 2, 2026

Business

Ford Explores Potential Partnership with China's Xiaomi, Eyeing U.S. Manufacturing Footprint

Ford Motor Company is reportedly in preliminary discussions with Chinese tech and auto newcomer Xiaomi, exploring a joint venture that could facilitate Xiaomi's entry into U.S. vehicle manufacturing, according to sources familiar with the matter.

Feb 2, 2026

World

Costa Rica Elects Laura Fernandez in First-Round Presidential Victory, Securing Continuity

Political scientist Laura Fernandez Delgado has won Costa Rica's presidency outright in the first round, becoming the nation's second female leader and pledging to deepen the economic policies of the outgoing administration amid challenges of crime and a divided legislature.

Feb 2, 2026

World

Exclusive: US Contractor's Gaza Reconstruction Plan Sought 300% Profit Guarantee and Seven-Year Monopoly

A draft proposal from disaster response firm Gothams LLC, obtained by The Guardian, outlined terms for a trucking and logistics monopoly in Gaza that would guarantee extraordinary returns, raising questions about oversight and ethics in post-conflict rebuilding.

Feb 2, 2026

Business

Newly Unsealed Emails Show Coinbase Leadership Was Aware of Jeffrey Epstein's 2014 Investment

Internal correspondence reveals Coinbase co-founder Fred Ehrsam was personally briefed on and facilitated a multi-million dollar investment from the convicted sex offender, arranged by Tether's Brock Pierce.

Feb 2, 2026

Business

Tesla Phases Out Model S and Model X, Retools Fremont Factory for Robotics Push

Tesla will cease production of its flagship Model S and Model X next quarter, ending an era for its pioneering luxury EVs as it converts factory space to manufacture Optimus humanoid robots, signaling a profound strategic pivot.

Feb 2, 2026

Business

Eldorado Gold Strikes $2.78 Billion Deal to Acquire Foran Mining, Forging a New North American Metals Contender

In a major consolidation move, Eldorado Gold announces a definitive agreement to acquire Canadian copper-gold developer Foran Mining, positioning the combined entity as a significant near-term producer with a diversified North American and European asset base.

Feb 2, 2026

World

Milano Cortina 2026: The Last Winter Games Under Patchwork Transgender Athlete Rules

As the 2026 Winter Olympics approach, the event is set to be the final one governed by a fragmented system of regulations for transgender athletes' participation. With the IOC poised to introduce universal guidelines, the Games in Italy spotlight a global debate balancing inclusion, fairness, and the future of women's sport.

Feb 2, 2026

Business

Huntington Bancshares Completes Cadence Bank Merger, Solidifying Southern Expansion Strategy

Huntington Bancshares has finalized its merger with Cadence Bank, a move that significantly extends its regional footprint into Texas and the Southern U.S. and reshapes its competitive standing.

Feb 2, 2026

Business

Porsche's Electric Sports Car Ambitions Stall as Budget Pressures Mount

Under new CEO Michael Leiters, Porsche is reportedly considering axing its planned all-electric 718 Boxster and Cayman line. The potential move, driven by development hurdles and soaring costs, signals a strategic recalibration as the automaker grapples with a sales slowdown in China and the financial weight of revising its EV roadmap.

Feb 2, 2026

Business

Saks to Shutter Three New Jersey Stores, Cutting 69 Jobs Ahead of 2026 Bankruptcy

Luxury retailer Saks Fifth Avenue is laying off 69 employees in New Jersey as it closes three discount outlets, part of a broader restructuring following its acquisition of Neiman Marcus and a pre-negotiated bankruptcy filing.

Feb 2, 2026

Business

Colgate-Palmolive Bets on Global Talent Rotations to Forge Its Next Generation of Leaders

With one in twelve salaried employees having worked in multiple countries, Colgate-Palmolive is leveraging international assignments as a core strategy to build agile, globally-minded leadership.

Feb 2, 2026

Business

Hess Midstream Charts Course for Cash Flow Surge as Major Infrastructure Build Nears Completion

Hess Midstream Partners LP (HESM) signals a pivotal shift towards robust free cash flow generation, forecasting a 40% drop in capital expenditures for 2026 as its core system build-out concludes. Despite near-term weather headwinds, strong minimum volume commitments underpin financial targets through 2028.

Feb 2, 2026