Dana Incorporated reported a 5% sales increase to $1.87 billion and an 84% rise in adjusted EBITDA to $171 million in Q1 2026, driven by cost savings and efficiency gains. The company secured a major new contract with Stellantis for the RAM Dakota, expanding its compact truck market presence and adding $950 million to its three-year sales backlog. Dana reaffirmed its 2026 guidance with expected sales of $7.3-$7.7 billion and adjusted EBITDA margin of 10-11%, highlighting strong margin expansion and disciplined capital allocation. The company continues to focus on its Dana 2030 plan for sustained growth and improved cash flow.
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...
