US Companies Report Mixed Quarterly Earnings and Outlooks

 

Multiple U.S. cities. Publicly traded companies reported quarterly results this week, showing a mix of profits, revenue beats and guidance ranges that varied by firm. AAR Corp. returned to profitability Tuesday, while AZZ topped analysts’ revenue and earnings estimates Wednesday. PriceSmart, UniFirst and Apogee delivered positive net income figures, with...

Nvidia, Lenovo Unveil AI Factory Plans at CES

 

Las Vegas — Nvidia and partners announced initiatives this week to accelerate AI deployment and address labour shortfalls. At CES on Jan. 7, Nvidia said its October revenue forecast for data‑centre chips—about US$500 billion by end‑2026—has brightened as large customer deals and new AI model uptake increased orders. Lenovo unveiled...

U.S. and Venezuela Reportedly Arrange Large Oil Transfers

 

Washington, U.S. and Venezuelan officials engaged in discussions and, according to presidential statements on Jan. 6, announced a deal to export Venezuelan crude to U.S. refineries worth up to $2 billion. Reports cited diversion of cargoes from China, 30–50 million barrels held in tankers or storage, and coordination with U.S....

Hyundai Unveils Atlas Robots, Advances Manufacturing Automation Plans

 

LAS VEGAS — Hyundai Motor Group this week widely showcased its next-generation Atlas humanoid robot and publicly outlined plans to integrate robots and AI into manufacturing and escalate self-driving technology verification. Executives said the company will deploy Atlas in production facilities by 2028, expand pilot production lines capable of producing...

Multiple Companies Issue Corporate And Clinical Disclosures

 

United States, Multiple companies announced corporate and clinical developments this week, including conversions, leadership changes, financing, trial updates and adoptions. Advanced Flower Capital completed its conversion to a business development company, Casella installed a new CEO, and Corvus scheduled Phase 1 cohort results; several firms declared January distributions; Archrock proposed...

Kodiak AI and Bosch Announce Autonomous Trucking Partnership

 

Las Vegas — Kodiak AI and Bosch announced on Tuesday that they will collaborate to scale manufacturing of a production-grade, redundant autonomous platform for Class 8 trucks, combining Bosch-supplied automotive-grade sensors and actuation systems with Kodiak’s AI driver software. The companies said the platform can be integrated on factory lines...

Companies Announce Q4 Results, Dividends, Leadership Changes, Acquisition

 

United States — Multiple companies announced corporate actions this week: Rivian reported producing 10,974 vehicles and delivering 9,745 in Q4 2025 and 42,284 produced and 42,247 delivered for full year 2025, and scheduled its earnings release for February 12, 2026. Chemed set its fourth-quarter 2025 results release for February 25...

Trump Delays Furniture, Cabinet Tariff Hikes For Year

 

Washington. President Donald Trump delayed planned tariff increases on upholstered furniture, kitchen cabinets and vanities for one year on New Year's Eve, keeping 25% duties enacted in September. The proclamation pushes back proposed rises to 30% and 50% until January 1, 2027, citing ongoing negotiations over wood-product imports. The administration...

U.S. Delays Planned Furniture Tariff Hikes for Negotiations

 

WASHINGTON President Donald Trump issued a Dec. 31 proclamation delaying planned increases to tariffs on certain upholstered furniture and kitchen cabinets until Jan. 1, 2027, while maintaining existing 25% duties. Earlier 2025 measures enacted a 10% softwood timber duty and a 25% tariff on targeted furniture items. The White House...

Buffett Steps Down, Greg Abel Leads Berkshire Hathaway

 

Omaha, Neb. Greg Abel officially assumed operational leadership of Berkshire Hathaway as Warren Buffett stepped down as CEO this week after a 60-year tenure. Buffett announced his May 2025 decision and retained the chairmanship while Abel, groomed since 2021, became CEO on Dec. 31, 2025. Berkshire's long history of insurance,...