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1821 articles · page 26 of 38

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Business

Nike's struggles deepen as share price tumbles and Mbappé defects to rival On

Nike, the world's largest sportswear brand, is in the midst of a difficult turnaround after losing sales, customers and ground to rivals. The company's share price has fallen 75% over five years, and it was removed from the S&P 100 index of major US firms last month. Adding to the pressure, football star Kylian Mbappé ended a 20-year association with the brand last week to join fast-growing Swiss competitor On. CEO Elliott Hill, coaxed out of retirement two years ago to lead the recovery, has a strategy that shows early results, but progress is slow.

Business

Patriot Resources accelerates exploration at Peru silver-gold project, targets 3km corridor extension

Patriot Resources has completed a maiden surface sampling campaign at the Pachamayo target, north of its existing resource at the Tassa silver-gold project in southern Peru, and has immediately launched a larger exploration program to test a 3.1-kilometre-long mineralised corridor. The work aims to extend the project beyond its current 31.4-million-ounce silver-equivalent inferred resource.

· 2 sources
Startups

TechCrunch Disrupt 2026 Adds Sessions on Open vs Closed AI Model Choices

TechCrunch Disrupt 2026, set for October 13-15 at San Francisco’s Moscone West, has announced a new session tackling one of the most consequential decisions for AI startups: whether to build on open models, proprietary APIs, or a mix of both. The panel, “The Real Tokenmaxxing: How the Best AI Companies Navigate a Multi-Model World,” will bring together investors and founders to discuss how products increasingly call on multiple models for different jobs.

· 5 sources
Business

California law requires robotaxi firms to provide local support and face fines for blocking first responders

California has enacted a new law, Senate Bill 1246, requiring autonomous vehicle companies to give first responders local on-the-ground support and exposing them to penalties if their robotaxis block police or firefighters for more than 30 minutes. Governor Gavin Newsom signed the measure after a series of incidents in which self-driving cars disrupted traffic or interfered with emergency crews.

Startups

MyMonthlyCar aims to turn idle dealership inventory into month-to-month rental revenue

A new Florida-based startup, MyMonthlyCar, is launching an online platform that lets dealerships rent out used cars on a month-to-month basis, giving consumers flexibility and dealerships a way to move inventory. Co-founded by Ukrainian entrepreneur Igor Dobrianskyi, the startup has been selected for the 2026 Startup Battlefield 200 and will exhibit at TechCrunch Disrupt in San Francisco from October 13 to 15.

Business

Travelodge guests still at risk, independent review finds after sexual assault case

An independent review commissioned after a man was convicted of a serious sexual assault at a Travelodge hotel has found that guests remain at risk, with room intrusions reported at nearly one in 10 of the chain's hotels this summer. The 70-page report, published on Thursday, sets out a series of safety recommendations including body cameras for reception staff and consistent CCTV coverage across all properties.

Business

Datacenter in New Jersey emitted pollution for nearly a year without required permits

A datacenter in Vineland, New Jersey, operated 62 gas-fired generators for nearly a year without required permits, releasing health-harming air pollution, according to public records obtained by Floodlight. The New Jersey Department of Environmental Protection recently fined DataOne, the Microsoft-linked facility, $1m over the generator fleet, but did not disclose how long the emissions had been ongoing or the total amount of pollution released.

Business

Flagship Minerals unveils large tungsten exploration target at Khao Soon

Flagship Minerals has announced a major JORC exploration target for its Khao Soon tungsten project in southern Thailand, estimating between 22 million and 40 million tonnes at a grade of 0.15 to 0.3 per cent tungsten. The company said it is weighing a full sale, a spin-out into a listed vehicle, or a joint venture with a strategic partner to crystallise the value of the asset, which sits outside its core gold and copper strategy.

· 2 sources
Business

Federal and Tasmanian governments pledge $200 million to secure Bell Bay aluminium smelter

The Australian and Tasmanian governments have announced a $200 million support package for the Bell Bay Aluminium smelter, ending months of uncertainty over the facility's future. The package, split evenly between the Commonwealth and state, accompanies a new five-year power agreement between owner Rio Tinto and Hydro Tasmania that the government says secures a globally competitive electricity price.

· 2 sources
Startups

Restate secures $20M Series A as AI agents drive demand for durable workflow infrastructure

Berlin-based Restate, a startup building infrastructure for resilient multi-step workflows, has raised $20 million in Series A funding led by Singular, with participation from Redpoint Ventures and Capital One Ventures. The company, founded in 2022, has found that its technology — originally designed for general workflow resilience — is a strong fit for the unpredictable, long-running processes typical of AI agents.

· 3 sources