Topic
corporate
24 stories related to this topic, newest first.
dcvelocity.combusiness11 days ago
JERA Creates Singapore Subsidiary to Manage LNG and Low-Carbon Fuel Operations
Japan's largest LNG importer announced the formation of a new wholly owned unit to handle global trading activities. The subsidiary will oversee LNG, upstream, shipping and lower-carbon fuel businesses from its base in Singapore.
ai11 days agoUpdated
Meta CEO Says AI Agent Progress Lags Expectations but Expects Benefits Within Three to Six Months
Mark Zuckerberg told employees Thursday that development of AI agent technology has fallen behind internal targets. The company also paused a mandatory employee monitoring program last month after a leak and cut 10 percent of its workforce in May.
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rt.combusiness14 days ago
Petrofac Facilities Management to Pay £569,157 After Self-Disclosing Russia Sanctions Breaches
GB News reported that Petrofac Facilities Management Limited must pay HM Revenue and Customs after breaching UK sanctions on Russia in 2022 and 2023. The Aberdeen-based company became the first publicly identified following a compound settlement. It supplied sanctioned goods and…
dutchnews.nlbusiness20 days ago
Hankook Affiliates Discuss Energy Use and Carbon Strategies at June Meeting
Hankook & Company Group held an energy exchange meeting on June 16 with officials from three affiliates. Participants reviewed consumption patterns and discussed strategies to meet 2026 implementation plans and the group's 2050 carbon neutrality target.
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foxbusiness.combusiness21 days ago
Coca-Cola Appeals IRS Transfer-Pricing Ruling That Could Add $14 Billion to Its $6 Billion Payment
Coca-Cola and the IRS will begin oral arguments Thursday in the US Court of Appeals for the Eleventh Circuit over a potential $20 billion tax bill tied to overseas profits. The Atlanta-based company paid $6 billion last year while pursuing the appeal.
ibtimes.co.ukworld26 days ago
U.S. Judge Rules Huawei CFO Admissions Admissible as Evidence in Criminal Trial
A U.S. judge ruled that statements made by Huawei's chief financial officer can be used as evidence against the company in a pending criminal case. The decision follows a hearing on the admissibility of prior statements tied to the company's legal proceedings.
nationalpost.comfinance26 days ago
Stockholm District Court Rejects Humana Assistans Damage Claim Against State
A Stockholm district court rejected a damage claim filed by Humana Assistans against the Swedish state. The ruling addressed the company's request for compensation related to prior regulatory actions.
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Fortunefinance27 days ago
IBM Pays $17 Million to Settle DOJ False Claims Act Allegations Over Federal Contracts
The April 10 agreement marks the first resolution under the Justice Department’s Civil Rights Fraud Initiative and centers on HR practices in compensation, hiring, and promotions.
upi.comworld27 days ago
SK Group market value rises 2.51 percent to 2,019 trillion won
Nineteen listed SK Group companies reached a combined market capitalization of 2,019 trillion won on June 16, 2026, driven by SK hynix gains. Samsung Group also rose to 2,552 trillion won.
Substrate placeholder — needs reviewworld27 days agoUpdated
SK Group listed firms reach 2,015 trillion won market value, up 2.62 percent
The combined market capitalization of SK Group’s 19 listed companies crossed 2,000 trillion won for the first time on June 16, 2026, driven by gains at SK hynix.
Wiredtechnology28 days ago
Meta Caps Manager Workloads and Adds Perks While Allowing AI Unit Staff to Seek Other Roles
Andrew Bosworth said the company undermined employee trust when it formed the Applied AI unit in March. The memo outlined new limits on reporting lines and restored workplace benefits.
koreatimes.co.krworld28 days ago
Starbucks Korea to Close All Stores for Three Hours of Training on June 22
@AFP reported that Starbucks Korea will shut every outlet nationwide next Monday for staff training on historical awareness after a May promotion drew public backlash.
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insidermonkey.comtechnology31 days ago
Marvell Technology Names Adobe CFO Christian Durn Successor
Marvell Technology announced a CFO transition on Friday while shares fell 2.45% to $273.82. The company reaffirmed its second-quarter fiscal 2027 outlook.
benzinga.comfinance34 days ago
Inno Holdings (INHD) Halted by Nasdaq After 3,600% Surge on $3M AI Phone Deal
Nasdaq halted INHD shares at 5:18 p.m. ET Monday under a T12 code after the stock rose from about $1.01 to above $66. The company had announced a $3 million agreement to develop an AI-powered used mobile phone.
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investopedia.comworld36 days ago
United Airlines and Rolls-Royce Continue Negotiations Amid Public Dispute Over Engine Support
United Airlines' chief executive publicly faulted engine maker Rolls-Royce for insufficient support during a major aircraft order dispute.
realclearmarkets.comfinance38 days ago
TerraVest Shares Post Biggest One-Day Drop Since 2009 After Insider-Tipping Allegations Against Executive Chairman
Shares of Canadian manufacturer TerraVest recorded their largest single-day decline since 2009 after allegations emerged that the company's executive chairman engaged in insider tipping.
The Vergetechnology38 days ago
Paramount Skydance Combines Units Into Paramount Games Studio, Announces First AAA Title and Leadership Changes
The new division merges Skydance Interactive, Skydance New Media and Paramount IP under one studio. Leadership appointments and an initial AAA game announcement follow the integration.
Defense Newsworld39 days ago
Rheinmetall to Sell Struggling Power Systems Division to Aequita for €350 Million After €550 Million in Impairments
Rheinmetall will sell its automotive Power Systems division to Munich-based investment firm Aequita for a provisional €350 million. The deal is expected to close in the fourth quarter of 2026.
ai40 days ago
Anthropic Launches AI and Rule of Law Team as It Prepares for IPO
Anthropic is forming a new research group focused on how artificial intelligence intersects with executive power, courts, and elections. The company is also preparing for a potential IPO while facing ongoing litigation with the Pentagon.
manilatimes.netfinance42 days ago
Hyperscale Data Subsidiary Stores Physical Silver at Wyoming Reserve
Ault Global Commodities, a unit of NYSE-listed Hyperscale Data, chose The Wyoming Reserve to store and vault 10,000 ounces of silver. The agreement was announced June 1 from Las Vegas.
yahoo.comfinance45 days ago
Class Action Lawsuit Filed Against Graphic Packaging Holding Company
A stockholder rights law firm announced a class action suit against Graphic Packaging Holding Company on behalf of investors who bought securities between February 4, 2025 and February 2, 2026. The suit was filed in the United States District Court for the Southern District of Ne…
news.google.comfinance48 days ago
Class Action Lawsuit Filed Against New Era Energy & Digital Over Securities Purchases
A stockholder rights law firm announced a class action suit against New Era Energy & Digital, Inc. in federal court. The suit covers investors who bought company securities between November 6, 2024 and December 29, 2025.
ai-cio.comfinance49 days ago
Sportradar Faces Securities Class Action Over Share Disclosures
A securities class action lawsuit has been filed against Sportradar Group AG covering shares purchased between November 7, 2024 and April 21, 2026. The filing follows a 22 percent drop in the company's stock price on April 22, 2026.
ibtimes.co.ukfinance56 days ago
Law Firm Seeks Lead Plaintiff in Gartner Securities Case
A securities fraud class action has been filed against Gartner, Inc. on behalf of investors who purchased shares between February 4, 2025 and February 2, 2026. Glancy Prongay Wolke & Rotter LLP is seeking a lead plaintiff by the May 18, 2026 deadline.