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Cities pause approvals for new data center construction

Charlotte this week enacted a 150-day moratorium after the City Council voted unanimously Monday night to pause new data center construction. Council member Dimple Ajmera said the pause "gives us the time that we need to…

Buffalo Potash Upsizes Private Placement Following Strong Demand

Saskatoon, Saskatchewan. Buffalo Potash Corporation announced on June 8, 2026 a non-brokered private placement with a minimum aggregate of C$5,000,000, offering hard dollar units, flow-through shares, and charity flow-th…

United States airline cuts domestic routes amid fuel spike

United States – American Airlines has suspended six domestic routes effective immediately, citing a rapid rise in jet fuel costs following renewed conflict in the Middle East and the resulting spike in crude oil prices. …

United States chipmaker Marvell to join S&P 500

United States-based Marvell Technology, a semiconductor company specializing in artificial intelligence infrastructure, is scheduled to join the S&P 500 index on June 22, 2026, marking a significant milestone in its grow…

Nevada Sunrise Announces $1.26M Private Placement for Exploration

Vancouver, British Columbia. Nevada Sunrise Metals Corporation announced a private placement of up to $1,260,000 through the issuance of 42,000,000 units at $0.03 per unit. Each Unit comprises one common share and one co…

BTA Orders Revised Valuations in Multiple Washington Counties

Washington state: This week the Washington Board of Tax Appeals set aside several county Boards of Equalization determinations and ordered revised property valuations for cases in King County and San Juan County, includi…

Geneva airline body cuts 2026 profit forecast

The International Air Transport Association (IATA), based in Geneva and representing more than 370 airlines worldwide, has sharply reduced its 2026 net profit forecast due to the ongoing conflict between the United State…

United States firm SpaceX lands $26 billion AI contracts

United States-based SpaceX has signed multi-year artificial intelligence infrastructure agreements with Anthropic and Google, collectively valued at about $26 billion annually, significantly expanding the company’s role …

Global crypto markets slump as Bitcoin hits $61,000

MANILA – Global cryptocurrency markets saw a sharp downturn on June 6, 2026, as widespread selling, forced liquidations, and institutional pullbacks drove Bitcoin down to $61,000, a drop of more than 25 percent over the …

New York bank upgrades Tesla on autonomy shift

On June 5, 2026, JPMorgan Chase upgraded Tesla’s stock rating from “underweight” to “neutral” and raised its price target from $145 to $475. The bank’s analysts, led by Rajat Gupta, cited a structural change in Tesla’s b…

Washington unveils sanctions on Iranian petroleum shadow network

The U.S. Treasury’s Office of Foreign Assets Control has launched a new sanctions enforcement action, dubbed “Economic Fury,” against a network accused of exporting Iranian-origin liquid petroleum gas to buyers across So…

New York stocks surge on Iran peace optimism

New York, United States – U.S. stocks rallied sharply on Friday, with the Dow Jones Industrial Average jumping nearly 900 points as investors reacted to growing optimism over a potential peace deal between the United Sta…

Bears Board Advances Hammond Stadium Project, Officials React

Hammond, Indiana: The Chicago Bears' board voted Thursday to advance a stadium development project in Hammond, with the organization issuing a statement Friday saying the exact site will be selected later. The move follo…

Global crypto markets slide as ether sinks

United States-based cryptocurrency markets fell sharply on Friday, June 5, 2026, as a broad-based selloff hit major digital assets and smaller tokens alike. Ether dropped more than 8% to US$1,625, its lowest level since …

Columbus McKinnon Reports Mixed Fiscal Q4 Results, Guidance

Charlotte, North Carolina — Columbus McKinnon reported fiscal fourth-quarter results on Thursday, posting adjusted earnings of $0.24 per share and revenues of $437.8 million for the quarter ended March 2026; the company …

United States orders recall of 420,000 Ford vehicles

United States – Ford Motor Company has initiated a mandatory recall of nearly 420,000 vehicles, according to a regulatory filing released on June 4, 2026. The recall covers specific Ford Expedition sport-utility vehicles…

United States chipmaker Broadcom shares tumble on revenue miss

United States-based Broadcom shares fell about 13% in after-hours trading after the semiconductor company reported second-quarter revenue below analyst expectations, even though it delivered earnings per share that surpa…

Washington proposes new tariffs over global forced labor

The U.S. Trade Representative (USTR) has proposed new import tariffs on goods from 60 economies after concluding they failed to adequately curb trade in products made with forced labor. Announced on June 3, the plan seek…

Washington software firm MicroStrategy executes first Bitcoin sale

MicroStrategy Incorporated, a Washington-based corporate software analytics firm, has disclosed its first sale of Bitcoin since 2022, according to a recent filing with the U.S. Securities and Exchange Commission. The com…

United States AI firm Anthropic files trillion-dollar IPO

On June 1, 2026, U.S.-based artificial intelligence company Anthropic, PBC announced it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission, initiating the pr…

United States tech giant Alphabet plans $80 billion AI raise

United States-based Alphabet Inc., the parent company of Google, has announced plans to raise $80 billion to accelerate its artificial intelligence infrastructure and product development. The initiative, one of the large…

United States futures slide as Iran ceasefire collapses

U.S. stock index futures fell sharply Monday evening and early Tuesday after reports that a three‑month diplomatic ceasefire between the United States and Iran had collapsed, unsettling global markets. The breakdown foll…

United States conglomerate Berkshire Hathaway to buy Taylor Morrison

United States-based Berkshire Hathaway has entered into a definitive agreement to acquire homebuilder Taylor Morrison Home Corp. in an all-cash transaction valued at $8.5 billion, including the assumption of debt, expand…

Illinois DOR issues tax guidance and proposed regulations

Springfield, Illinois—This week the Illinois Department of Revenue issued guidance and proposed multiple amendments clarifying sales and service occupation tax treatment for medical services, prescription drugs, and out-…

Kodiak Copper Upsizes Offering After Strong Investor Demand

Vancouver, British Columbia. Kodiak Copper Corp. announced on June 1 a best-efforts private placement to raise up to C$10 million and then announced on June 2 that the offering was increased to approximately C$13.1 milli…

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