United StatesBreaking News

Red Cat Holdings (NASDAQ:RCAT) announced the acquisition of Quaze Technologies, a Québec-based developer of wireless power transfer applications, in a move to eliminate traditional charging constraints for its military and national security robotic systems.

Target (NYSE:TGT) reported its financial results for the first quarter of 2026, delivering an uptick in both consumer traffic and digital transaction volumes that allowed the retailer to elevate its full-year commercial projections.

Hasbro (NASDAQ:HAS) reported its financial results for the first quarter of 2026, delivering substantial top- and bottom-line expansion anchored by robust demand for its trading card franchises and mobile gaming partnerships.

CorVel (NASDAQ:CRDL) reported its financial results for the fourth quarter and fiscal year ended March 31, 2026, delivering top-line expansion and a double-digit increase in earnings per share as investments in artificial intelligence and automation optimized clinical workflows.

VF Corporation (NYSE:VFC) reported its financial results for the fourth quarter and full fiscal year ended March 28, 2026, marking a return to annual top-line growth alongside expanding profit margins and a strengthened balance sheet.

The Republican-led US Senate signaled rising opposition to continuing the Iran war in a procedural vote Tuesday. Louisiana Senator Bill Cassidy, whose re-election bid President Donald Trump thwarted in a Republican primary Saturday, joined three other GOP senators voting to clear the hurdle and move toward a final vote on a resolution to cease hostilities. Kate Ackley of Bloomberg Government has more.

Lowe’s Companies (NYSE:LOW) reported its financial results for the first quarter of 2026, delivering top-line expansion that outpaced the prior year's performance, driven by digital commerce gains and robust operational execution during the seasonal spring ramp-up.

Donald Trump's hand-picked candidate for a congressional seat in Northern Kentucky, Ed Gallrein, was victorious in one of the most expensive primaries on record, defeating the president's nemesis and longtime GOP House member Thomas Massie. Kate Ackley of Bloomberg Government has more.

Dorian LPG (NYSELPG), a leading owner and operator of modern very large gas carriers (VLGCs), disclosed its financial results for the fourth quarter and full fiscal year ended March 31, 2026.

Meta is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence. The company began notifying workers around the world Wednesday morning, starting with employees across Asia, who got the note at 4 a.m. Singapore time. US-based staff are also expected to receive word during their morning, according to an internal memo. Bloomberg's Tom Mackenzie reports.

RLX Technology (NYSE:RLX), a leading global branded electronic vapor company, announced its unaudited financial results for the first quarter of 2026, delivering substantial top- and bottom-line growth fueled by policy shifts and a strategic overseas footprint.

Meta Platforms (NASDAQ:META) has commenced a fresh round of global layoffs, notifying thousands of employees of redundancies as the technology giant sharply reallocates its corporate resources toward artificial intelligence infrastructure and development.