Broadwind has sold its Abilene, Texas wind tower manufacturing facility to IES Infrastructure for up to $19.5 million, marking its strategic exit from the wind market. This follows a previous sale of its Manitowoc facility, allowing Broadwind to focus on higher-growth power generation and critical infrastructure markets. The company plans to reinvest proceeds into expanding machining and specialty manufacturing capabilities and withdraws its 2026 financial guidance due to this shift. Most employees at the Abilene facility will transition to IES Infrastructure after the lease ends in September 2026.
Capital One experienced a significant 26% increase in purchase volume, highlighting strong growth in its recent franchise acquisition. In contrast, the legacy Discover card volume saw minimal growth, rising less than 2%. This disparity underscores th...
An oil tanker caught fire after being struck by an unidentified projectile in the Strait of Hormuz, according to the UK Maritime Trade Operations agency. The fire was extinguished and all crew members are safe, but the incident highlights ongoing sec...
Tutor Perini reported strong Q2 2026 results with record revenue of $1.64 billion, up 19% year-over-year, and construction income rising 54% to $117.7 million. The company is shifting to higher-margin megaprojects, boosting profitability and cash flo...
Jazz Pharmaceuticals announced a $1.1 billion private offering of 1.875% exchangeable senior notes due in 2032, upsized from an initial $1 billion. The notes, issued by its subsidiary Jazz Investments I Limited, will pay semiannual interest and are e...
Bitcoin's mainnet confirmed its first quantum-safe transaction using StarkWare researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) method on August 26. This method replaces traditional elliptic-curve cryptography with hash-based protections to resist ...
