USBC, Inc. has expressed support for the FDIC's proposed rule to implement the GENIUS Act, which aims to formalize the regulatory framework for tokenized U.S. bank deposits. The company believes the rules will provide clarity and encourage insured banks to adopt tokenized deposit products while maintaining safety and soundness in the banking system. USBC emphasized the importance of technology-neutral standards and ongoing collaboration with regulators to advance innovation responsibly. This regulatory clarity positions USBC to benefit from increased tokenized deposit activity and related revenue opportunities.
Biogen has agreed to acquire RayThera Inc. for up to $1 billion, including upfront and milestone payments. This acquisition adds multiple anti-inflammatory drug candidates to Biogen's immunology portfolio, with the lead asset expected to enter Phase ...
Investar Holding Corporation declared a quarterly cash dividend of $0.12 per share for its common stock, payable on July 31, 2026, to shareholders of record as of June 30, 2026. This dividend represents a 9% increase from the previous quarter and mar...
Trinity Capital Inc. announced a monthly dividend of $0.17 per share for July, August, and September 2026, continuing its streak of consistent or increased dividends for over six years. The dividends are paid from taxable earnings and may include ret...
Apple CEO Tim Cook announced that the company will raise prices across its product lineup due to unprecedented increases in memory and storage chip costs. The surge is driven by a major reallocation of DRAM and NAND supply toward AI infrastructure, c...
TTM Technologies announced plans to acquire two European companies, Swiss Technology Group AG and ILFA GmbH, for all-cash deals pending regulatory approval. These acquisitions will strengthen TTM's presence in Europe, particularly in medical, aerospa...
