BUSINESS

Mar 03 2026BUSINESS

AI and Stock Moves: A Quick Look

People often wonder if new tech tools are failing. The story starts with a company that uses AI in its products. Some experts say the company’s recent earnings report shows signs of trouble. The numbers hint that customers may not be buying as much as expected. One point to note is that the analyst

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Mar 03 2026BUSINESS

Property Tax Break for Energy Startup Wins State Ruling

A state tax board decided that a small energy company, set up as a single‑member limited liability company and taxed like a corporation for federal purposes, can keep its property tax exemption. The law says only manufacturing firms qualify for the break under Chapter 59, Section 5, Clause Sixteenth

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Mar 03 2026BUSINESS

Amazon Buys GWU Campus for Tech Hub

Amazon has announced a purchase of the George Washington University campus in Virginia, paying $427 million for the site. The deal gives Amazon the right to build a data‑center or IT facility in Ashburn, Virginia. The university can keep its programs running there for up to five years before the cam

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Mar 03 2026BUSINESS

Reinsurance Talk: Strength, Risk and the Numbers Behind It

AM Best will speak at a big reinsurance event in Bermuda on March 12‑13, 2026. The meeting is called Re Underwriting 2026 and focuses on how insurers decide who to cover. Guilherme Monteiro Simoes, a senior analyst at AM Best since 2016, will run a session on March 13 at 9 a. m. (EDT). His

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Mar 03 2026BUSINESS

New Streaming Giant on the Horizon

Paramount and HBO Max are set to merge into a single streaming service once Paramount Skydance completes its deal with Warner Bros. Discovery, pending regulatory approval. The combined platform would bring over 200 million direct‑to‑consumer subscribers together, creating a stronger competitor for t

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Mar 03 2026BUSINESS

New Costco Coming to Montgomery County

A big change is on the way for residents in East County. A new Costco store will open inside a large development called VIVA White Oak. The warehouse will cover about 162, 000 square feet and will be the first big store in a project that spans 280 acres. The site sits close to the Food and Drug Admi

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Mar 03 2026BUSINESS

University Sells Ashburn Campus to Boost Future Plans

George Washington University has sold its Ashburn, Virginia campus to a buyer whose name remains private. The sale was announced by the university’s president in a letter that highlighted the deal as “very favorable. ” Because of a confidentiality clause, no details about the price or other condi

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Mar 03 2026BUSINESS

Vincorion to List Shares in Frankfurt While Tensions Rise

Vincorion, a German company that builds advanced defense equipment, is preparing to launch its first public offering in Frankfurt this week. This move comes even as global stock markets feel the strain from ongoing conflicts in the Middle East. Investors see a bright future for Vincorion because of

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Mar 03 2026BUSINESS

RHI Magnesita’s 2025 Year: Cost Cuts, New Deals and a Push for Recycling

RHI Magnesita finished 2025 with earnings that matched what investors expected, even though the market was tough. The company kept its spending tight and focused on turning around weaker parts of the business, which helped it stay profitable. Revenue fell by 3 % to €3. 4 billion, but the company sti

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Mar 02 2026BUSINESS

Phones Locked, Minds Open

A man once felt that the endless buzz of phones was stealing meaning from people. He decided to act, not with speeches but with a gadget: a lockable bag that keeps phones out of sight during times when people should focus, like classes or shows. The device is part of a larger plan that lets schools

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