Equinor announced that Empire Offshore Wind LLC has filed a civil suit in the U.S. District Court for the District of Columbia on 2 January 2026, challenging the U.S. Department of the Interior's order to suspend the Empire Wind project. As part of the case, Empire intends to seek a preliminary injunction...
After nearly three decades with Saks, Marc Metrick has announced that he will be stepping down as Chief Executive Officer to pursue new opportunities. In light of this transition, Saks Global has confirmed that Richard Baker, the company's Executive Chairman, has assumed the role of CEO while continuing...
Following the downward move seen to close out 2025, stocks fluctuated over the course of the first trading day of 2026 on Friday before eventually ending the day little changed. While the tech-heavy Nasdaq edged down 6.36 points or less than a tenth of a percent to 23,235.63, the S&P 500 crept up...
After moving mostly higher early in the session, stocks have given back ground over the course of the trading day on Friday. The major averages have pulled back well off their highs of the session, with the Nasdaq and the S&P 500 sliding into negative territory. Currently, the major averages are turning in a mixed performance.
Berkshire Hathaway Inc. (BRK-A), Friday announced that it has completed the acquisition of OxyChem, a manufacturer of essential chemicals, from Occidental for $9.7 billion. Following this acquisition, OxyChem will continue to be managed by Wade Alleman, OxyChem president and Chief Executive Officer. Headquartered...
Neo Performance Materials Inc. (NOPMF.PK), Friday announced that its subsidiaries, Neo Chemicals & Oxides Ltd., NPM Silmet OÜ and NPM C&O Europe OÜ, have entered into a settlement agreement with Rhodia Opérations S.A.S to resolve the outstanding litigation related to certain European Patents. As per...
Duke Energy Corp. (DUK), Friday announced its plan to implement changes to customer bills that reflect investments made to recover from the historic damage from Hurricane Helene. Additionally, it aims to strengthen the grid against storms and outages, maintain and upgrade its power generating fleet,...
Dana Inc. (DAN), Friday announced that the company has completed sale of its Off-Highway business to Allison Transmission Holdings, Inc. (ALSN) for $2.7 billion. The company expects this divestiture, along with cost-reduction plan, to strengthen balance sheet, improve margins, reduce complexity, and...
The Travelers Companies, Inc. (TRV) completed its sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial (DFY.TO) for approximately $2.4 billion. Travelers expects to use approximately $0.7 billion of the net cash proceeds...
Stocks are likely to move to the upside in early trading on Friday, regaining ground after trending lower over the past few sessions. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. The markets may benefit from bargain hunting...
Rivian Automotive, Inc. (RIVN), Friday announced production and delivery totals for the quarter and year ending December 31, 2025. During this period, the company produced 10,974 vehicles at its manufacturing facility in Normal, Illinois and delivered 9,745 vehicles during the same period. Meanwhile,...
A2Z Cust2Mate Solutions Corp. (AZ), Friday announced that Bentsur Joseph has resigned from his role as Director and Chairman of the Board of Directors of the company and all its subsidiaries, effective December 31, 2025. Following this, the company's Chief Executive Officer Gadi Graus has been appointed...
GoldMining Inc. (GLDG), on Friday announced that President Paulo Pereira has resigned from the role to assume as Country Manager in Brazil. The company has appointed Chief Executive Officer Alastair Still, who will assume the additional role of President effective from January 1. Paulo has been...
Innocan Pharma (INNPF) announced that it anticipates to list on NYSE American on or around January 7, 2026. Innocan is also conducting a concurrent offering of its securities. Innocan expects that its common shares will continue to trade on the OTC Markets' OTCQB until the close of the market on...
The Federal Emergency Management Agency has awarded $250 million to the 11 states hosting FIFA World Cup 2026 matches and to the National Capital Region to secure U.S. skies ahead of the International sports gala. Recipients can use this money to strengthen their ability to detect, identify, track, or mitigate unmanned aircraft systems, including drones. The massive funding, through the new Coun
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.