AZ-COM Maruwa Holdings, a Japanese logistics company, plans to use the yen-backed JPYC stablecoin to pay about 2,300 partner carriers and independent drivers. The company will invest ¥1 billion in JPYC and form a business partnership with the stablecoin issuer, marking Japan's first large-scale corporate use of JPYC. This rollout moves JPYC beyond retail trials into routine business payments, testing its viability for regular corporate settlements. The move coincides with broader adoption of JPYC in retail payments, lending projects, and payment infrastructure development in Japan.
Mondelez International has opened a $22 million chocolate crumb production facility in Shah Alam, Malaysia, reducing supply-chain lead time by at least two months for a key Cadbury ingredient. This local production replaces imports from Australia and...
The CME's fed funds futures indicate an 87.3% probability that the Federal Open Market Committee (FOMC) will increase the federal funds rate from the current 3.50-3.75% range to 3.75-4% at the September 16, 2026 meeting. This expected rate hike appea...
Silver One Resources has begun a microgravity test survey at its Phoenix Silver Project in Arizona to detect dense, high-grade native silver bodies near the surface. This follows previous drilling that found significant silver and copper but not the ...
Anthropic, valued near $1 trillion, is preparing for a potential IPO targeting a $2 trillion valuation but its CEO, Dario Amodei, advocates slowing AI development to address safety and ethical concerns. This call for a slowdown aims to balance rapid ...
The Vanguard Morningstar Mid-Cap ETF (VO) is rated Sell because it is overvalued and offers returns below the required yield. Trading at 23 times earnings and 3.37 times book value, its 5-year annualized return estimate is only 5.1%, much lower than ...
