Ashland Inc. reported a 1% increase in Q2 fiscal 2026 sales to $482 million, driven by strong Personal Care and steady Life Sciences performance. However, operational challenges at the Hopewell facility and delays at Calvert City impacted profitability, leading to a 9% decline in adjusted EBITDA to $98 million. The company updated its full-year sales guidance to $1.835-$1.87 billion and adjusted EBITDA to $385-$400 million, citing slower productivity ramp and softer energy demand. Ashland remains focused on innovation, operational improvements, and cash flow generation amid a mixed macroeconomic environment.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
