Crude oil inventories in the U.S. unexpectedly increased in the week ended April 17th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories climbed by 1.9 million barrels last week after slipping by 0.9 million barrels in the previous...
Stock of Redwire Corporation (RDW) is rising about 16 percent on Wednesday morning trading after the company announced a multi-year marketing partnership with the Washington Commanders to support U.S. service members, veterans and their families. The company's shares are currently trading at $12.04...
Shares of GE Vernova Inc. (GEV) are climbing about 14 percent during Wednesday morning trading after the company announced its first-quarter financial results, reporting net income of $4.750 billion or $17.44 per share from $264 million or $0.91 per share in the prior-year period. The company's shares...
Elbit Systems Ltd. (ESLT), a defense technology company, on Wednesday, announced that it has been awarded multiple contracts worth approximately $200 million to supply advanced airborne munitions to the Israel Ministry of Defense. The company said the contracts were awarded during Operation Roaring...
Pratt & Whitney, an RTX Corp. (RTX) business, announced Wednesday an investment of $100 million in its facility in Rzeszow, Poland to expand production capacity and add advanced capabilities. This will help Pratt & Whitney meet growing global demand for its commercial and military engines, including...
In a world where concerns of environmental loss is growing louder, a new landmark report from UNESCO has revealed a rare glimmer of hope. While global wildlife has plummeted by a staggering 73 per cent since the 1970s, life within the UN science and culture agency's protected territories is holding its...
Aclarion, Inc.(ACON), a healthcare technology company, said on Wednesday that its board has authorized a share repurchase program of up to $2.5 million of shares. The company plans to execute the share repurchase drive over the next 12 months. Brent Ness, CEO of Aclarion, said: "We believe our shares...
Wednesday, Block, Inc. (XYZ) announced a global partnership with Uber Technologies, Inc. (UBER) to restaurant operations capabilities across multiple markets and payment flexibility in the U.S. The partnership aims to introduce a multi-faceted approach to the food ordering and transportation landscape. Under...
Stocks are likely to move to the upside in early trading on Wednesday, regaining ground following the pullback seen over the two previous sessions. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent. Early buying interest is...
Honeywell International Inc. (HON) on Wednesday said its majority-owned unit Quantinuum LLC has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission. The filing was made on February 17, 2026. The number of shares and price range have not yet been...
Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.
Regal Rexnord Corporation (RRX) a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin, named Aamir Paul as its next Chief Executive Officer, with his tenure set to begin no later than July 1 following the conclusion of his duties at Schneider Electric SE. Paul...
Merck & Co., Inc. (MRK), on Wednesday, announced a multi-year partnership with Alphabet Inc.'s (GOOG), Google Cloud to accelerate its transformation into an AI-enabled enterprise, with an investment of up to $1 billion. The collaboration will deploy an agentic AI platform across Merck's research and...
Wednesday, SAP SE (SAP) announced a partnership with Google Cloud to help marketers put AI agents to work at scale. Under the partnership, Gemini Enterprise will act as a central hub for data integrations and multi-agent coordination, which will be supported by the SAP Business Data Cloud Connect...
The Department of War has released President Donald Trump's massive Defense Budget, which proposes to raise total defense-related spending to $1.5 trillion for Fiscal Year 2027. The largest request in the post-WWII era, the budget aims to strengthen U.S. military readiness against threats from Iran, China and Russia. The Defense Budget for FY27 marks a 42 percent increase over current funding l
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.