Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion. The offering is expected to close around September 1. The company intends to use the net proceeds to fully...
United Airlines (UAL) announced the largest international network expansion with 10 new international cities and three new routes across Europe and Asia, and debuted the newest international aircraft in its fleet, the 'Born to Explore' A321XLR. United now flies to more than 160 international destinations....
Tuesday, DICK'S Sporting Goods, Inc. (DKS) announced its financial results for the second quarter, reporting net income of $315 million, or $3.50 per share, compared to $381 million, or $4.71 per share, in the previous year. On an adjusted basis, net income declined 10 percent, to $319 million, or...
The U.S. Department of Justice has launched the National Fraud Detection Center, a prosecutor-led, multi-agency team designed to investigate the most harmful actors defrauding federal government programs, including illicit actors overseas and those operating fraud schemes across federal programs. The...
Off-price value retailer Citi Trends, Inc. (CTRN) reported Tuesday a net loss for the second quarter of $0.93 million or $0.11 per share, compared to net income of $3.82 million or $1.46 per share in the prior-year quarter. Total sales for the quarter grew 10.9 percent to $211.63 million from $190.75...
The European Union has sent urgent support to Serbia through its Civil Protection Mechanism as severe wildfires continue to affect the Deliblato Sands Special Nature Reserve, where more than 3,500 hectares have already been impacted. In response to the worsening situation, Serbia activated the Civil...
An eight-month-long global operation targeting West African organized crime groups has led to the arrest of 58 criminals and the identification of 263 suspects. Operation Jackal IV was launched in November 2025 to disrupt money laundering, identify high-value targets, seize assets, and support arrests...
Accenture plc (ACN) has agreed to acquire McCoy, a Dutch SAP transformation partner serving mid-market companies. The financial terms were not disclosed, and the transaction is subject to customary closing conditions, including regulatory approvals. McCoy will become part of Accenture Edge, Accenture's...
The United Kingdom and Ukraine have signed a landmark AI deal as the two countries join forces to develop new military capabilities and the technology of the future. Bringing together Britain's world-leading AI ecosystem with Ukraine's operational experience, engineering talent and technological...
Pizza Hut, a subsidiary of Yum! Brands Inc. (YUM) on Tuesday launched a new national football-season campaign with Pepsi and NFL quarterback Josh Allen, centered on the message that "gameday starts with the Hut." The campaign features advertising spots starring Allen and Pizza Hut mascot Hutty, while...
BMO Financial Group (BMO, BMO.TO) on Tuesday announced that it plans to repurchase up to 25 million shares under a normal course issuer bid, which would commence on or around September 8, 2026 and run until September 7, 2027. "The proposed normal course issuer bid will provide the Bank with additional...
Nayax Ltd. (NYAX) has agreed to acquire IPS Group Inc. from Windjammer Capital Investors for $350 million in cash. The transaction is expected to close in the fourth quarter of 2026. The transaction will be funded with cash on hand and approximately $150 million of new committed debt, with net...
The United States has imposed a tough round of sanctions on Iran, alongside a naval blockade of Iranian ports. The Office of Foreign Assets Control sanctioned nearly 60 entities, individuals, and vessels in multiple jurisdictions that enable the Iranian regime's nuclear and missile technology procurement, cyber operations, and oil-revenue generation networks. Announcing the sanctions, US Treasur
SJM Holdings Ltd. (SJMHY, 0880.HK), a casino and resorts operator in Macau, reported Tuesday wider net loss in its first half of fiscal 2026 with weak gaming revenues, while adjusted EBITDA, a key earnings metric, increased from last year. In Hong Kong, the shares closed Tuesday's regular trading...
On Tuesday, investment firm KKR & Co. Inc. (KKR) announced its agreement to acquire Ci FLAVORS Co., Ltd., a Japanese beauty and lifestyle brand platform. Financial terms of the transaction were not disclosed. Under the deal, funds managed by KKR will make the acquisition from all existing shareholders,...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.