The Pentagon made a clever choice recently. Instead of buying common stock in L3Harris Technologies, it opted for something more strategic. It invested in a new, independent missile solutions business. This wasn't just any investment. It was a $1 billion bet on preferred stock. This type of stock gi
Nigeria is making a big bet on green finance to shift its energy use. The president recently shared plans for a $2 billion climate fund. This fund aims to support projects that cut emissions and build resilience. The announcement came at the Abu Dhabi Sustainability Week summit. The Climate Investm
Atome, a digital finance company based in Singapore, just scored a huge deal. They've secured a massive $345 million debt facility. This is a big jump from the $200 million they had before. The goal? To grow their services across Southeast Asia. This isn't just about more money. It's about expandin
Building a strong team is often overlooked, but it's crucial for a startup's success. Many startups fail because they focus too much on technology or marketing and not enough on the people behind the scenes. Over the past five years, a co-founder and his team have been working on a unique project c
China and Europe are feeling the bite of colder-than-usual temperatures this winter. This chill is causing a stir in the global market for liquefied natural gas (LNG). Experts predict that China's demand for LNG could rise significantly due to the cold snap. The weather forecast suggests that parts
China and the EU have taken a big step forward in their electric vehicle (EV) trade dispute. The European Commission has asked Chinese companies to share their plans. They want to know about future investments and how many cars they will send to Europe each year. This could help lower the high taxes
Nintendo's pricing tactics have sparked a heated debate among fans. Some argue that the company's refusal to lower prices is a bold move, while others see it as a missed opportunity. The recent discussion around a potential price hike for the Switch 2 has left many gamers on edge. However, it's impo
In a surprising turn of events, Allegiant Air, a budget airline based in Las Vegas, has decided to buy Sun Country Airlines, another budget airline from Minneapolis. This deal is worth $1. 5 billion and includes both cash and stock. Allegiant will also take on about $400 million of Sun Country's deb
A fancy restaurant group is giving back over a million dollars to its workers. Jeff Ruby Culinary Entertainment will pay $1. 55 million to settle a lawsuit. The workers said they didn't get all the tips they earned. They also claimed they were not paid the full minimum wage for extra tasks. More tha
Kustom Entertainment, Inc. has just sold its majority stake in Nobility Healthcare, LLC. This move is part of a bigger plan to focus more on live events and online ticketing. The company sold its 51% share to the current 49% owner for about $1. 45 million. This deal closed on January 8, 2026. The pa
