Category: Latest News
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American Airlines Expands Premium Seating and Restores Seatback Screens Across Fleet
American Airlines (NASDAQ:AAL) plans to significantly expand premium seating and restore seatback entertainment screens across its narrowbody fleet as the carrier seeks to improve its competitive position against Delta Air Lines (NYSE:DAL) and United Airlines (NASDAQ:UAL). The Fort Worth-based airline said premium seats are expected to account for around 40% of capacity on narrowbody departures…
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Disney Takes FCC to Court Over Early Review of ABC Station Licenses
Disney (NYSE:DIS) and its ABC unit filed a lawsuit against the Federal Communications Commission on Tuesday, seeking to prevent the regulator from conducting an early review of licenses covering eight ABC television stations. The company alleges that the unusual review amounts to retaliation by the Trump administration against the network and represents an attempt to…
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Goldman Sachs Agrees Deal to Buy LCN Capital Partners for Up to $410 Million
Goldman Sachs Group Inc (NYSE:GS) has agreed to acquire real estate investment manager LCN Capital Partners in a transaction potentially worth as much as $410 million, expanding its capabilities in sale-leaseback, build-to-suit and triple net lease investments. LCN managed approximately $3 billion in assets as of June 30, 2026 and operates across North America and…
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Xos Shares Rocket 120% After Securing First U.S. Air Force Contract
Xos Inc (NASDAQ:XOS) shares surged 120% in premarket trading on Tuesday after the electric commercial vehicle company secured a prototype contract from the U.S. Air Force, marking its first move into the defence market. The award will see Xos develop a mobile charging solution for electrified support equipment and vehicles, adapting technology already used across…
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BioMarin Shares Jump After $275 Million Deal to Acquire Alesta Therapeutics
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) shares climbed 4.7% in premarket trading on Tuesday after the company agreed to acquire Alesta Therapeutics in a deal that expands its pipeline of treatments for rare genetic diseases. BioMarin will pay $275 million upfront for Alesta, with the agreement providing for up to an additional $215 million if specified development…
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Ondas Shares Drop After Agreeing $33 Million Aran Defense Acquisition
Ondas Holdings Inc (NASDAQ:ONDS) shares fell 4.9% in premarket trading on Tuesday after the company announced an agreement to acquire Aran Defense for approximately $33 million, a transaction designed to expand its manufacturing and engineering capabilities in Israel. Ondas has entered into a definitive agreement to purchase Aran Defense Ltd., the defence-focused division of Israeli…
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Nokia Shares Fall on Report of Major Mainland China Retreat
Nokia Corp ADR (NYSE:NOK) shares fell 4% in premarket trading on Tuesday following a report that the Finnish telecommunications equipment group is preparing to close almost all of its locations in mainland China by the end of the year. According to the South China Morning Post, Nokia intends to significantly reduce its mainland Chinese workforce…
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Genasys Shares Gain After Securing $1.4 Million in International LRAD Orders
Genasys Inc. (NASDAQ:GNSS) shares rose 3% in premarket trading on Tuesday after the company disclosed approximately $1.4 million in orders for its Long Range Acoustic Devices across Asia-Pacific and European markets. The orders were placed by customers in Australia, Japan, Thailand, Vietnam, Papua New Guinea, Lithuania and Latvia. Genasys said the LRAD systems will support…
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U.S. Housing Starts Tumble 12.4% in July as Building Permits Surge
New residential construction in the United States fell significantly more than expected in July, although a sharp increase in building permits offered a more encouraging signal for future housing activity, according to figures released Tuesday by the Commerce Department. Housing starts plunged 12.4% to a seasonally adjusted annual rate of 1.239 million units in July.…
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U.S. Import and Export Prices Fall More Than Expected in July
U.S. import prices unexpectedly declined in July, while export prices recorded an even steeper fall, according to new figures released Tuesday by the Labor Department. The latest data showed import prices decreased 0.4% during July, extending a revised 0.3% decline in June. The result was considerably weaker than economists had anticipated. Analysts had forecast a…