OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.
Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...
Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...
Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
ADF Group Inc. SV (DRX.TO) announced a profit for its first quarter that Increased, from last year The company's bottom line totaled C$12.03 million, or C$0.42 per share. This compares with C$8.74 million, or C$0.30 per share, last year. The company's revenue for the period rose 78.8% to C$99.26...
Parsons Corp. (PSN), a defense and infrastructure solutions provider, on Tuesday announced it secured an additional $73 million contract in support of the U.S. Air Force Research Laboratory's Global Application Research, Development, Engineering and Maintenance or GARDEM mission. The latest award...
NATHAN'S FAMOUS IN (NATH) revealed earnings for fourth quarter that Dropped, from last year The company's bottom line came in at $2.81 million, or $0.68 per share. This compares with $4.24 million, or $1.03 per share, last year. The company's revenue for the period rose 13.9% to $35.07 million...
The UN Security Council met on Monday amid a sharp escalation in hostilities across Ukraine, and UN officials warned that the war has reached its deadliest point since Russia's full-scale invasion in 2022. Briefing members, Rosemary DiCarlo, Under-Secretary-General for political affairs, said recent months had seen some of the most extensive aerial attacks of the conflict, while the humanitarian
Norway's producer price inflation accelerated further in May to the highest level in nearly four years. The producer price index climbed 24.0 percent year-on-year in May, following a 22.7 percent spike in the prior month. Prices in the utility sector alone grew by 58.5 percent from last year, and those for energy goods rose sharply by 41.2 percent.
NIO Inc. (NIO), a Chinese electric vehicle manufacturer, on Tuesday called the decision by the U.S. Department of Defense to add the firm to "Chinese Military Companies" list unjustified. The company claimed that it is not a Chinese military company or a military-civil fusion contributor to the Chinese...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
Cullinan Therapeutics Inc. (CGEM), a clinical-stage biopharmaceutical company, is scheduled to host an Immunology Day tomorrow, i.e., June 10, 2026. When we alerted readers to CGEM on June 29, 2025, it was at $7.93. The stock, which touched a high of $16.74 on February 27, 2026, has given back some of its gains and currently trades around $13.
Eli Lilly and Company (LLY) announced detailed results from three Phase 3 trials, dubbed ACHIEVE-2, ACHIEVE-3, and ACHIEVE-5, evaluating Orforglipron, or Foundayo, in participants with type 2 diabetes. Orforglipron demonstrated strong reductions in HbA1C (A1C) and weight loss across studies, but...
Shares of Eloxx Pharmaceuticals, Inc. (ELOX), a clinical-stage biopharmaceutical company developing small-molecule therapies for genetic diseases caused by nonsense mutations, fell over 31% after the company announced the pricing of a $66 million public offering and its uplisting to the Nasdaq Capital Market.
Seaport Therapeutics, Inc. (SPTX), reported a wider net loss for its first financial quarter ended March 31, 2026, and provided near term milestone update. Company Profile Seaport Therapeutics is a clinical-stage therapeutics company focused on development of new medicines to address patients...
Fuelcell Energy, Inc. (FCEL) reported wider loss for the second quarter of 2026, while the loss per share narrowed in the same quarter. In the pre-market hours on the Nasdaq, the shares were trading 3.58 percent up at $17.95, after closing Friday's regular trading at 19.02 percent down. Net loss...
Taiwan's foreign trade surplus increased notably in May from a year ago. The trade surplus rose to $17.9 billion in May from $12.6 billion in the corresponding month last year. The surplus also increased from $14.3 billion in April. The expected surplus was $15.2 billion. Exports surged 51.7 percent annually in May, and imports were 54.9 percent higher.
Lithuania's foreign trade deficit increased in April from a year ago. The trade deficit rose to EUR 606.9 million in April from EUR 567.7 million in the corresponding month last year. In March, the shortfall was EUR 558.7 million. On an annual basis, exports climbed 18.2 percent in April, and imports also logged a sharp growth of 16.4 percent.
China's exports surged in May fueled by increased shipments of automobiles and artificial intelligence-related products, official data revealed Tuesday. Exports logged a double-digit growth of 19.4 percent in May, following an increase of 14.1 percent in April. The growth outpaced economists' forecast of 15.0 percent.
Hungary's consumer price inflation moderated for the first time in three months in May. Consumer prices climbed 1.8 percent year-on-year in May, slower than the 2.1 percent rise in April. Food inflation softened to 0.5 percent from 1.5 percent. Costs for consumer durable goods grew at a slower rate of 2.4 percent versus 2.7 percent in April
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
GSK plc (GSK, GSK.L) has entered an agreement to acquire Nuvalent, Inc. (NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted oncology therapies, for $10.6 billion. The company noted that the acquisition includes three products in lung cancer in a single transaction....