Flutter Entertainment posted a 3% revenue increase to $4.33 billion in Q2 2026, driven by strong iGaming growth and FIFA World Cup engagement, despite an 11% drop in average monthly players. The company reported a net loss of $296 million, impacted by historical tax provisions, increased costs from acquisitions, and lower US sportsbook earnings. CEO Peter Jackson announced his transition to Dan Taylor as CEO starting October 1, 2026. Flutter plans to invest more in US sportsbook growth and cost-saving initiatives aiming for $500 million savings by 2029, while maintaining its market-leading positions globally.
Berkshire Hathaway is well-positioned to benefit from rising interest rates, holding $324.9 billion in Treasury bills that will reprice higher, alongside a $177.5 billion insurance float that funds its growth. Despite concerns about succession, Greg ...
GH Research PLC has resolved the FDA clinical hold on its investigational new drug (IND) application for GH001, a treatment targeting resistant depression. This clearance allows the company to plan a pivotal phase 3 trial expected to begin in 2026. G...
The Congressional Black Caucus (CBC) is strongly supporting legislation to regulate artificial intelligence, with nearly all of its 62 members ready to vote in favor of AI guardrails to ensure transparency and safety. CBC leaders emphasize the need t...
The US State Department has urged Americans outside the Middle East to reconsider travel due to the risk of rapid escalation in the Iran conflict. Iran insists the Strait of Hormuz will remain closed until its demands are met, including ending the na...
Toyosa, a Toyota dealer in Bolivia, has introduced Bitcoin as a payment option for purchasing Toyota vehicles, adding to its existing payment methods including bolivianos, U.S. dollars, and USDT stablecoins. This expansion follows Bolivia's 2024 regu...
