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ESS Tech Files for Chapter 7 Bankruptcy and Ceases Operations
ESS Tech filed for Chapter 7 bankruptcy and terminated all employees and officers without cause. The iron flow battery company said it took the action after considering available s
M impact | EQUITY | Nov 15, 2026, 02:04 PM UTC
BMW Recalls 720,796 US Vehicles Over Potential Fire Risk
The recall affects several BMW models manufactured between 2012 and 2018. Safety regulators are asking owners to park affected vehicles outside and away from buildings until the pr
M impact | EQUITY | Nov 15, 2026, 02:03 PM UTC
Cardinal Infrastructure Posts Q3 Loss, Withdraws Guidance and Delays Acquisition
Cardinal Infrastructure reported a statutory third-quarter loss of US$0.21 per share and US$202 million in revenue, which was 14% below forecasts. EBITDA margin fell to 4.2%; the c
M impact | EQUITY | Nov 15, 2026, 02:03 PM UTC
Booz Allen Hamilton Awarded $1.6 Billion AI and $16.3 Billion Sentinel Contracts
Booz Allen Hamilton was awarded a $1.6 billion contract for AI-driven technology supporting WMD programs and a $16.3 billion contract associated with the Sentinel ICBM system.
M impact | EQUITY | Nov 15, 2026, 02:02 PM UTC
Gulf Bourses Close Lower as Hormuz Tensions and Houthi Strikes Rattle Traders
Most Gulf bourses closed lower on Sunday as traders weighed disruption in the Strait of Hormuz and Iran-aligned Houthi attacks on Saudi Arabia. The body is truncated after reportin
M impact | EQUITY | Nov 15, 2026, 01:29 PM UTC
Volkswagen Plans Up to 100,000 Job Cuts by 2030
Volkswagen plans to cut up to 100,000 jobs worldwide by 2030 as it restructures operations. The headline says four German plants are at risk.
M impact | EQUITY | Nov 15, 2026, 03:31 AM UTC