Ethernity Networks, a semiconductor tech company, saw its shares drop by a third after revealing a cash crisis that forced its CEO and VP of R&D to reduce their work to part-time. The company failed to receive expected funds from warrant exercises, which were crucial to its 2026 cash flow plan. With shares down 92% over the past year and a current valuation under £200,000, Ethernity now targets $1.6-$1.8 million in revenue mainly from a US defense contract. If revenues fall short, it may need to raise more funds this year while aiming to maintain operations and core R&D capabilities.
Westport Fuel Systems Inc. announced its 2026 Annual General and Special Meeting will be held virtually on June 30, 2026. Shareholders are encouraged to vote in advance using provided proxy forms to streamline the process. The company specializes in ...
HP Inc. reported second-quarter earnings of 86 cents per share, surpassing the consensus estimate of 71 cents by over 21%. Revenue also exceeded expectations, reaching $14.41 billion compared to the estimated $14.04 billion. The company saw strong gr...
Shareholders of Richmond Mutual Bancorporation and Farmers Bancorp have approved their merger, which will combine the two banks under the new name First Bank Midwest. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual stock for ...
An investigative panel under the Canada-US-Mexico Agreement found serious human and labour rights abuses at the Canadian-owned Camino Rojo mine in Mexico. Workers were pressured to leave their union and join a pro-employer one, with threats and viole...
An investigation under the USMCA's rapid response mechanism found severe labor and human rights abuses at the Camino Rojo mine in Mexico, owned by Canadian company Orla Mining. Workers were forced to leave their union and join a pro-employer one, whi...
