Latest News
Amazon Expands Prime Refunds Up to $200; Settlement Cap Unchanged
Amazon Prime customers can now receive up to $200 in refunds under an expanded FTC order, but the total settlement cap stays at $2.5 billion. Shares rose 1% Friday.
Wallets Gain Ground in Travel Payments, Yet Cards Remain Dominant
Digital wallets are rising in travel payments, but cards still dominate. IATA's 2025 survey shows 28% prefer wallets, up from 20%, while cards hold 72%.
Charter's Cox Integration Starts as Stock Slips 3.9%
Charter's $34.5B Cox acquisition reaches customers, but CHTR shares fell 3.9% on Sept. 18 as investors weigh integration risks and high debt.
Vantora Secures $100M to Fund Customer-Owned AI Ventures
Vantora, the venture builder formerly known as UP.Labs, raised over $100M from Silversmith Capital Partners to scale its model of customer-owned AI ventures.
FCC Approves 15,000 Starlink Satellites, Defers Remainder
The FCC has authorized an additional 7,500 Starlink Gen2 satellites, bringing the total approved to 15,000, but deferred the remaining 14,988 spacecraft in SpaceX's application.
Mitsuoka LA1 Roadster Set for Nov. 26 Debut; Mazda MX-5 Link Still Unverified
Mitsuoka will unveil its retro-styled LA1 roadster on Nov. 26, but has not confirmed speculation that it uses a Mazda MX-5 Miata platform. The niche model's impact on Mazda's financials is expected to be minimal.
Canada's Q1 Deficit Narrows Sharply as Revenue Surges 9.8%
Canada's federal deficit narrowed to C$370M in Q1 as revenue surged 9.8%, but debt charges climbed 6.1%, keeping bond markets cautious.
Tempus AI's Cancer Platform: Evidence, Limits, and What It Means for Investors
Tempus AI's cancer-care platform integrates molecular and clinical data to support oncologists. While recent studies show promising results, the evidence falls short of proving the platform improves patient survival.
Paramount Skydance Dips 3.9% Despite FCC Foreign Ownership Approval
PSKY shares dropped 3.9% despite FCC approval of foreign ownership, as antitrust case and deal risks weigh. Trading volume surged 6.5x average.
Loto-Québec Profit Climbs 3.6% on Casino Strength
Loto-Québec's fiscal first-quarter profit rose 3.6% to C$398.1 million, powered by strong casino attendance, while revenue grew 2.1% to C$782.6 million.
Amazon Leo vs. Starlink: The Race to Orbit and Market Share
Amazon's satellite internet service, now called Amazon Leo, plans limited broadband by 2026 but faces a huge gap with Starlink's 9,600 satellites and 10.3 million subscribers.
Kang's London City Lionesses: Training Hub Set to Open Within a Year
Owner Michele Kang expects the new training center to open within a year, but the club's latest accounts show a £10.6M loss, highlighting the challenge of building a self-sustaining business.