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Business news, corporate updates, startups, mergers, layoffs, and economic developments.

Showing 1–18 of 827 stories

Business18h ago

US Interest Costs Hit Record $1 Trillion, Risking Debt Snowball

Bloomberg.com The US federal budget deficit for 2026 just came in. It’s $1.992 trillion. Yahoo Finance US debt interest costs hit $3 billion a day and jumped 8% in 2026—faster than spending, revenue, GDP Fortune A $2 trillion deficit looms over the midterms KSL News U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year CNBC

GGoogle News
Business2d ago

Eupraxia Pharmaceuticals Reaches its Enrollment Target for the RESOLVE Trial Investigating EP-104GI for the Treatment of Eosinophilic Esophagitis

VANCOUVER, British Columbia, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Eupraxia Pharmaceuticals Inc. ("Eupraxia" or the "Company") (NASDAQ:EPRX) (TSX:EPRX), a clinical-stage biotechnology company leveraging its proprietary Diffusphere™ technology designed to optimize local, controlled drug delivery for applications with significant unmet need, today announced that the ongoing RESOLVE study evaluating the safety and efficacy of EP-104GI for the treatment of Eosinophilic Esophagitis (“EoE”) has reached its enrollment target.

GGlobe Newswire
Business2d ago

Apterra Infrastructure Capital Names Josh Mintz Chief Financial Officer

NEW YORK, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Apterra Infrastructure Capital (“Apterra” or the “Company”), a leading infrastructure finance platform and affiliate of Apollo (NYSE: APO), today announced that Josh Mintz has joined Apterra as Chief Financial Officer. Mintz brings more than 15 years of experience across private credit, alternative asset management and financial services, and will report to Co-CEOs Michael Pantelogianis and Ralph Cho.

GGlobe Newswire
Business1d ago

Major development banks step up support for critical minerals value chains

MANILA, Oct 17 : Multilateral development banks (MDBs) will strengthen efforts to help mineral-rich developing economies add more value to their resources by moving beyond extraction into processing, refining and manufacturing, according to an outline of a critical minerals collaboration framework published on Satu

CChannel Newsasia
Business1d ago

Anthropic signs lease for first Canadian data center

Oct 16 : Anthropic has signed a lease with EverWind for data center capacity at Point Tupper, Nova Scotia, marking the Claude maker’s first data center agreement in Canada, a company executive said on Friday. Here are some more details:• Separately, EverWind unveiled plans to invest more than C$10 b

CChannel Newsasia
Business4d ago

Carvana and Rush Soccer Extend Multi-Year Partnership, Launch Youth Soccer Scholarship Fund

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced a multi-year extension of its partnership with Rush Soccer, the world's largest youth soccer club, continuing Carvana's role as the front-of-kit sponsor on all Rush Soccer game jerseys. As soccer continues to grow across the United States, Rush Soccer and Carvana are building on a partnership that began in 2025. With more than 60,000 players across Rush Soccer’s domestic

BBusinesswire
Business1d ago

SoftBank weighs $18 billion acquisition of Allied Universal, source says

Oct 16 : SoftBank Group is considering an acquisition of Allied Universal in a deal that could value the US security services provider at about $18 billion, a source familiar with the matter said on Friday.• Allied Universal provides security staffing for businesses, venues and major events, and has a growi

CChannel Newsasia
Business1d ago

Analysis:Why CoreWeave is in the crosshairs of the AI scare

LONDON/BENGALURU, Oct 16 : Loss-making and deeply indebted US cloud company CoreWeave became an easy target this week for investors concerned about an artificial intelligence bubble. Its selloff, though, has greater significance for markets than its size implies. The slump in the shares and bonds of the $39 bi

CChannel Newsasia
Business1d ago

US federal bankruptcy court operations disrupted by cybersecurity incident

Oct 16 : Several online services supporting US federal courts' bankruptcy systems have gone offline following a cybersecurity incident involving a court contractor, the Administrative Office of the US Courts (AOC) said on Thursday.BAE Systems IT, a division of the British defense contractor BAE Systems, opera

CChannel Newsasia

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