A historic winter storm sweeping across the U.S. is cited as a key factor behind a significant 8.9% drop in mortgage applications, marking the second weekly decline and dampening early-year housing activity.
GenLogs, a startup founded by former CIA and State Department officers, has secured $60 million in Series B funding. The company is applying intelligence community techniques to combat fraud in the fragmented $3 trillion trucking industry by providing a visual, sensor-based record of what carriers actually do, not just what they claim.
Amid a challenging year marked by market turbulence, investment firm Legacy Ridge Capital Management posted a 7% net return for 2025. Its latest investor letter details the performance and highlights one of its concentrated bets: independent oil and gas explorer Mach Natural Resources (MNR).
Pacific Gas & Electric and technology partner Itron are advancing a strategic collaboration focused on grid-edge intelligence. The initiative aims to bolster grid reliability, integrate renewable energy, mitigate wildfire risks, and support California's growing electric vehicle ecosystem.
Stephen Gardner, the former CEO of Amtrak, has been appointed to the strategic advisory board of financial consultancy Telos Advisors. The move brings one of the rail industry's most prominent figures to a firm specializing in complex infrastructure projects.
Opinion, a blockchain-based prediction market handling a third of global volume, has raised $20 million in a pre-Series A round. The funding highlights sustained investor interest in on-chain event trading platforms, even as broader crypto markets remain subdued.
Blockchain analytics firm TRM Labs achieves unicorn status after a $70 million Series C funding round with participation from Goldman Sachs and Citi Ventures, as demand for cryptocurrency transaction tracing surges among law enforcement and financial institutions.
Wolfe Research upgrades Broadcom to 'Outperform,' citing its pivotal role in Google's expanding TPU program and broader AI infrastructure demand, setting a $400 price target despite recent market volatility.
Federal immigration authorities will significantly reduce their operational footprint in Minneapolis, citing enhanced cooperation with local jails and officials that allows for a more targeted approach.
Yum China Holdings (NYSE: YUMC) capped off a robust fiscal 2025 with accelerating store growth, improved profitability, and enhanced shareholder returns. The fast-food giant, operator of KFC and Pizza Hut in China, outlined an ambitious plan to surpass 20,000 stores next year while significantly boosting its franchise model.
Industrial components maker Kadant Inc. (KAI) has finalized a €157 million deal to acquire Austrian precision parts manufacturer voestalpine BÖHLER Profil, a key supplier for over three decades. While the acquisition strengthens Kadant's consumables-focused strategy and secures critical patented technology, executives caution that accounting complexities and existing inventory will dilute earnings through much of 2026 before margin benefits materialize.
The Danish pharma giant reported strong 2025 results driven by its blockbuster obesity and diabetes drugs but forecast a challenging 2026 due to pricing pressures and looming patent expiries, even as it rolls out a pivotal new oral weight-loss treatment in the U.S.
Following a year of record production, Norwegian energy giant Equinor signals a strategic pivot, scaling back capital expenditure in renewables and low-carbon projects for 2026-27 while reaffirming core fossil fuel growth and robust shareholder distributions amidst market volatility.
The sharp retreat in cocoa futures from record highs presents a new strategic dilemma for Mondelez and its rivals, forcing a delicate balance between protecting margins and retaining cost-sensitive consumers in a volatile market.
Beeline Holdings (BLNE) has secured a pivotal integration deal, embedding its BLINKQC quality control tool directly into the dominant Encompass loan origination ecosystem. The move promises to deliver automated compliance checks to thousands of U.S. lenders within the next quarter.
Buzz Bomb Caffeine Company, a subsidiary of Aspire Biopharma (ASBP), has secured a strategic partnership with Blue Shark Beverages to manage and distribute its innovative sublingual caffeine product across Southern California, beginning with a Coachella Valley launch.
Zenith Minerals reports significant high-grade gold assays from surface sampling at its wholly-owned Auburn Project in Queensland, outlining a consistent gold footprint and paving the way for imminent drilling campaigns.
Private payrolls expanded at a far slower pace than anticipated last month, according to ADP data, signaling potential cooling in the labor market as hiring momentum weakens across key industries.
For retirees with substantial 401(k) savings, converting to a Roth IRA offers a path to avoid Required Minimum Distributions (RMDs). But as one 62-year-old with $1.6 million contemplates a $160k annual conversion, experts warn the hefty upfront tax bill could negate the long-term benefits for many.
McDonald's USA has unveiled a series of executive moves, naming Loek Beckers as its new Chief Financial Officer and promoting Luis Quintiliano to U.S. National Field President, as veteran Myra Doria prepares for retirement.
