A jury found a defunct Texas trucking firm and its driver grossly negligent in a 2025 crash that killed a 29-year-old man. A Texas jury awarded $49 million to the family of Steffan Mick, who died in a January 2025 crash caused by a truck making an unsafe left turn. The ver
A survey reveals 64% of CEOs use AI tools to guide high-impact decisions, influencing corporate strategies and stock performance. Pfizer CEO Albert Bourla disclosed that artificial intelligence plays a key role in his most critical business decisions. Bourla emphasized tha
The Swiss private bank reports a 1% increase in assets under management, driven by market movements and SFr 3bn in net new money. Julius Baer’s assets under management reached $672.5bn in the first four months of 2026, up 1% from year-end 2025. The increase was supported b
US Comptroller finds resolution plans seriously flawed The US Comptroller of the Currency has abstained from a vote on bank living wills due to concerns over the resolution planning process. The FDIC and Federal Reserve Board published feedback letters on the plans, f
KAI leads upcoming token sales with a $25.2M target via GEMS Launchpad, outpacing other scheduled initial DEX offerings. KAI’s initial DEX offering (IDO) on GEMS Launchpad aims to raise $25.2M, the largest announced target among upcoming token sales. The sale is part of a
The acquisition ends Everlane’s financial struggles, including $90m in liabilities, while preserving its brand and sustainability commitments. Chinese fast-fashion group Shein has agreed to acquire US clothing retailer Everlane for approximately $100m. The deal, disclosed
The approval enables 1,500m of diamond drilling at the 7,400ha gold-tungsten project starting mid-July 2026. Aben Gold has received a five-year Class 3 Quartz Mining Land Use Approval from the Yukon Government, permitting exploration at its 100%-owned Justin Gold Tungsten
The NASDAQ-listed firm now holds 844,000 BTC, leveraging equity and debt markets to expand its digital asset treasury. MicroStrategy, a NASDAQ-listed software and Bitcoin treasury firm, now owns 844,000 BTC valued at approximately $65 billion. The company has pivoted from
Capital flows reveal a rotation from large-cap crypto ETFs into niche altcoin products, including Hyperliquid’s HYPE token. Investors pulled $1 billion from bitcoin ETFs and $215 million from ether funds last week, marking a sharp decline in demand for major crypto assets.
Subsea7 secures EPCI work for Vår Energi’s Goliat Gas Export project, valued between $150m and $300m, in the Barents Sea. Subsea7 has been awarded a contract worth $150m to $300m by Vår Energi for the Goliat Gas Export project in Norway’s Barents Sea. The deal covers engin
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