Bristow Group posted Q1 2026 revenues of $388.7 million, up from $377.3 million in Q4 2025, with net income of $13.1 million, down from $18.4 million the previous quarter. Adjusted EBITDA was $59.3 million, slightly below the prior quarter's $60.1 million. The company reaffirmed its 2026 adjusted EBITDA guidance of $295 to $325 million, citing growth opportunities driven by increased defense spending, energy security, and electrification of transportation. Despite some operational cost increases and lower operating income in offshore energy services, Bristow remains optimistic about its strategic positioning and expects a transformational year ahead.
The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
AI coding startup Cursor has introduced Cursor Start, a ₹649 ($7) monthly subscription tailored for India, priced below its $20 Pro plan. India is Cursor's third-largest market with rapid user growth, making it a strategic focus for expansion. The pl...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
