A major oil trading company is taking legal action against a historic London organization that sets shipping rates. The company claims it lost hundreds of millions of dollars because the organization’s pricing system was rigged. This legal battle is exposing how a centuries-old market still controls
Brown University, which manages an $8 billion endowment, has cut its ownership of Blue Owl Capital’s publicly traded private credit fund by more than half. The university now holds only 1. 5 million shares of the fund, down from 3. 2 million at the end of last year. Despite this reduction, Brown kee
Tether, the biggest issuer of stablecoins, earned a profit of about $1. 04 billion in the first quarter of 2026, even though crypto prices were shaky. The company says it now has a reserve cushion of $8. 23 billion, the highest it has ever reported. It claims to hold roughly $141 billion in U.
The share price of EZCORP has almost doubled in the last year and is now at a level not seen in ten years. Analysts keep saying “buy, ” but some people think the stock is too expensive. Still, the company’s plan to grow into new markets and keep demand for pawn loans high keeps optimism alive. EZ
Hut 8, a Miami company, plans a $12 billion AI data center in St. Francisville, West Feliciana Parish. To fund the first phase, it is selling $3. 25 billion in bonds through its subsidiary Hut 8 DC LLC. The bonds carry a 6. 192% annual rate and will mature in 2042, closing the offer this Thurs
The Southwick-Tolland-Granville regional schools face a familiar problem: how to balance their $30 million budget when towns want deeper cuts. At a recent meeting, the school committee chair admitted the system’s finances could be clearer. He asked locals to understand that school budgets don’t work
A company that lends money mostly to smaller cannabis firms has set a date for its stockholders to meet and make decisions. On June 24, 2026, holders of company shares can log in online to vote on big-picture matters, but only if they owned stock before April 27, 2026. The company describes itself a
GameStop’s CEO Ryan Cohen has been quietly stocking up on eBay shares, hinting at a possible takeover bid. With eBay’s total value at $45 billion and GameStop’s at $11 billion, the move seems like David vs. Goliath—but there’s a twist. Cohen’s pay package could reward him handsomely if his plan work
Riot Platforms saw its stock climb nearly 8% after a major tech firm, AMD, decided to double its data center capacity at Riot’s Texas facility. This move isn’t just about mining bitcoin anymore—it’s about stepping into the AI and high-performance computing game. AMD locked in 50 megawatts of power w
The company just shared its first-quarter numbers for 2026, and while revenue dipped slightly by 3% to DKK 7. 7 billion, profits improved in key areas. Earnings per share jumped by nearly half, and operational cash flow rose by 5%, even as the world stays unpredictable. Emissions dropped too, fallin
