NASA's X-59 quiet supersonic experimental aircraft has made its highest and fastest flights so far, expanding its operational range and making progress toward supersonic flight. The U.S. space agency said in a pair of test flights earlier this month, the aircraft reached new altitudes and speeds, reaching 43,000 feet and 528 to 627 mph, respectively, (approximately Mach 0.8 to 0.95 in those condi
Mercantile Bank Corp. (MBWM), on Tuesday reported its first quarter increased in the previous year. Higher earnings were driven by growth in net interest income, strong fee income, a reserve release on credit losses, lower funding costs, and contributions from the Eastern Michigan Bank acquisition. For...
As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes. "In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.While U
Zions Bancorporation, N.A. (ZION), reported lower earnings in the first quarter, compared to last year, due to softer net interest income and non- interest income. For the first quarter, net earnings came in at $232 million or $1.56 per share compared to $262 million or $1.76 per share last year. Net...
Spruce Biosciences Inc. (SPRB) announced that it has priced a public offering expected to raise $60 million in gross proceeds to advance its neurological disorder therapies. The late-stage biopharma will sell 1.15 million common shares at $50.00 each. Certain investors will instead receive pre-funded...
BridgeBio Oncology Therapeutics, Inc. (BBOT) said the U.S. Food and Drug Administration has granted Fast Track designation to BBO-11818 for the treatment of adults with advanced KRAS-mutant pancreatic ductal adenocarcinoma. The designation follows preliminary data released in January 2026, in which...
SKF (SKFB.L, SKF_A.ST, SKFb.ST) reported that its first quarter net profit attributable to shareholders was 1.6 billion Swedish kronor compared to 1.8 billion kronor, prior year. Basic earnings per share was 3.57 kronor compared to 3.95 kronor. Adjusted operating profit declined to 2.95 billion kronor...
Amazon.com, Inc. (AMZN), on Tuesday, announced a strategic collaboration with NEURA Robotics to accelerate Physical AI deployment at scale. Under the agreement, Amazon Web Services will serve as NEURA's primary cloud provider and host the Neuraverse platform. The partnership will support AI training,...
Thales (TCFP.PA) reported that its sales for the first quarter were 5.32 billion euros, compared to 4.96 billion euros, in the same period of 2025, up 9.7% in organic terms. Order intake for the first quarter were 4.65 billion euros, up 27% at constant scope and exchange rates compared with the first...
LS ELECTRIC (010120.KS) reported that its first quarter net income attributable to shareholders of parent company was 121.1 billion south Korean won compared to 69.9 billion won, a year ago. Operating income increased to 126.6 billion won from 87.3 billion won, last year. First quarter sales were...
Keppel REIT Management Limited, as Manager of Keppel REIT (K71U.SI), issued the key business and operational updates of Keppel REIT for the first quarter ended 31 March 2026. Net property income attributable to unitholders was S$54.7 million, an increase of 9.1% from a year ago. Property income and NPI...
Rio Tinto (RIO, RIO.L) reported 9% year-over-year copper equivalent production growth across its portfolio for the first quarter. Global iron ore sales were up 2% from last year. The company reported second highest first quarter Pilbara production since 2018, up 13% from prior year. Rio Tinto said its...
UnitedHealthcare announced a national expansion of its rural health care initiatives to help lower costs and simplify processes for care providers. The initiatives include: speeding payments by up to 50% for approximately 1,500 rural hospitals and all Critical Access Hospitals; exempting rural providers...
Anthropic said it has signed an agreement with Amazon (AMZN) that will deepen existing partnership and secure up to 5 gigawatts of capacity for training and deploying Claude, including new Trainium2 capacity coming online in the first half of the current year and nearly 1GW total of Trainium2 and Trainium3...
Hyundai Motor (005380.KS) and TVS Motor (532343) have signed a Joint Development Agreement to advance the development and commercialization of Electric Three-Wheeler solutions in India and additional markets. Hyundai Motor will lead the design of and co-develop the E3W by leveraging its research and...
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.