A major medical equipment company just got hit with a $7. 3 million tax bill after a judge ruled they couldn't claim certain deductions for 2018. The company, Varian, tried to reduce its taxable income by using a tax break meant for foreign business investments. But the US Tax Court decided the comp
When SpaceX went public last week, most people focused on its record $75 billion raise. But hidden in the fine print was something more unusual—a massive bet on bitcoin. The company quietly revealed it holds 18, 712 bitcoins, worth $1. 29 billion as of March. What’s surprising? SpaceX isn’t a crypto
An Italian court recently made a decision that turns heads in the business world. A Japanese parent company was in tight financial spot. Its Italian branch stepped in to guarantee a loan without demanding any fee. The Italian Supreme Court said thumbs up to this move. Why? Because the parent's troub
Health insurance isn’t cheap these days. Over the past three years, global healthcare costs have jumped sharply—10% in 2025, 9. 5% in 2024, and now predicted to rise another 10. 3% this year. Companies that provide health coverage feel the squeeze when costs go up, yet one giant in the field is doin
The first quarter of 2026 brought mixed results for Continental, a major player in the tire and industrial technology sectors. While sales dipped slightly due to weak global markets and currency fluctuations, the company managed to boost profitability in its core divisions. This achievement came des
Irene’s stock rating dropped from $125 to $100 per share after analysts noted the company is moving away from cryptocurrency mining toward large‑scale artificial intelligence services. The change does not signal a decline in IREN’s AI plans, but reflects two separate issues: the company is cutting b
Ripple has just launched a new tool called Ripple Treasury. It's a big deal because it helps companies manage their money and digital assets in one place. This is a smart move, as companies often struggle with keeping track of their cash spread across different accounts and countries. The new platf
INVL Technology has picked ICON Corporate Finance to help sell its tech companies. This move comes after a careful selection process. ICON is known for its work in tech deals and has a wide network of buyers around the world. The choice was made because of ICON's experience in merging and acquiring
A high-stakes showdown is unfolding in Hollywood as Netflix and Paramount battle for control of Warner Bros. Discovery. Netflix has upped the ante with an all-cash offer, aiming to secure a $72 billion merger and outmaneuver Paramount's hostile takeover attempt. The latest move comes after Netflix
Lilly, a big name in medicine, is making a big move. They're buying Ventyx, a smaller company with a promising lineup of drugs. Ventyx's focus? Inflammation. They're working on small molecules that could treat a wide range of diseases caused by chronic inflammation. Think heart disease, brain disord
