Business Update News

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global Embodied AI (“EAI”) ecosystem company, today announced that this week’s Investor Weekly Report from FF Founder and Global CEO YT Jia has been rescheduled to October 14. Additionally, FFR and FFAI will host a joint new product launch event on October 14, 2026, featuring four major launches focused on embodied AI robotics, Physical AI educatio...

PARIS--(BUSINESS WIRE)--Sky9 Capital, a global Asia-rooted technology venture capital firm with approximately $2 billion in assets under management, announced the opening of its Paris office at Station F, Europe's largest startup campus. Founded by veteran venture capitalist Ron Cao, Sky9 has invested in and supported over 150 Asia- and US-based startups, resulting in 16 global IPOs and 19 M&A exits over more than a decade of investing. Sky9 Capital is headquartered in Singapore and has off...

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) (“SVC” or the “Company”) today confirmed that it had received an unsolicited proposal from TKO LLC (“TKO”) to acquire the Company’s hospitality portfolio for $2.0 billion in cash. Before receiving the proposal, the Company had no prior contact from TKO. The Company’s Board of Trustees (the “Board”) will carefully review and consider TKO’s proposal in determining the course of action that it believes is in the best interest o...

CHICAGO--(BUSINESS WIRE)--Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) ("Cresco Labs" or the "Company") today announced that it has filed a supplement (the "Supplement") to its management information circular dated September 18, 2026 (the "Circular") in connection with its annual general and special meeting of shareholders to be held on October 30, 2026. The Supplement enhances and clarifies the disclosure in the Circular concerning the proposed amendment to Cresco's super-voting shares a...

PLANO, Texas--(BUSINESS WIRE)--NTT DATA executives, clients, community leaders and local officials gather for the ribbon-cutting of NTT DATA’s new Cyber Defense Center in Plano, Texas, on October 9, 2026. The facility expands NTT DATA’s global cyber defense network, combining AI-powered capabilities, global threat intelligence and human expertise to help organizations detect, investigate and respond to cyber threats. The opening underscores NTT DATA’s continued investment in North Texas and its...

COLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (the “Company”) announced today that it has completed a series of refinancing transactions that extend the maturities of certain of its outstanding indebtedness and enhance the Company’s financial flexibility.As part of the refinancing transactions, McGraw-Hill Education, Inc., the Company’s wholly-owned subsidiary (the “Issuer”), completed its previously announced private offering (the “Offering”) of $400 million in aggregate principal amount o...

CONROE, Texas--(BUSINESS WIRE)--Hertha Metals today broke ground on Hertha Chalyx, its first commercial plant, designed to produce about 10,000 metric tons a year of steel-grade and magnet-grade high-purity iron combined. Built next to Hertha's Pi100 pilot plant, Chalyx forms the first modern iron and steel innovation complex in the U.S., where Hertha will develop and scale its process for making primary iron and steel. Hertha developed the world's first single-step process for making iron and...

RICHMOND, Va.--(BUSINESS WIRE)--Accendra Health, Inc. (NYSE: ACH) (the Company) today announced that on October 6, 2026, it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) notifying the Company that it is not in compliance with the NYSE’s continued listing standards because the average closing price of the Company’s Class A Common Stock (the “Common Stock”) was less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the im...

NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of September 30, 2026. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES with a SHORT POSITION NUMBER of SECURITIES with a POSITION >= 5,000 SHARES 09/30/2026 NYSE 19,919,374,573 19,376,663,706 2,901 2,561 09/30/2026 NYSE ARCA 2,396,277,790 2,305,483,600 2,721 1,861 09/30/2026 NYSE AMERICAN 1,084,163,115 1,073,715,04...

DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust Publishes Sixth Annual Corporate Sustainability Report...