# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=149
Page 149 of 349. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Flex Completes EPC Power Acquisition as CEO Warns U.S. Grid Must Keep Pace With AI](https://www.tokenpost.com/news/business/33104)

By John Kim | Business
Published: 2026-10-16T07:12:42.000Z
Updated: 2026-10-16T07:12:42.000Z

The acquisition adds power-conversion technology for data centers and grid applications. A 2030 estimate puts data centers at 11.8% of projected U.S. electricity use.

[Full text](https://www.tokenpost.com/news/business/33104.md) | [Citation metadata](https://www.tokenpost.com/news/business/33104.json)

## [Five Financial Firms Have Third-Quarter Results Due Friday](https://www.tokenpost.com/news/business/33102)

By John Kim | Business
Published: 2026-10-16T07:06:54.000Z
Updated: 2026-10-16T07:06:54.000Z

Truist Financial and M&T Bank are scheduled for 8 a.m. ET (12:00 UTC) calls; Travelers and Citizens Financial Group follow at 9 a.m. ET (13:00 UTC), with Regions Financial at 10 a.m. ET (14:00 UTC).

[Full text](https://www.tokenpost.com/news/business/33102.md) | [Citation metadata](https://www.tokenpost.com/news/business/33102.json)

## [SITE Centers Targets Dec. 4 NYSE Delisting After $3 Distribution](https://www.tokenpost.com/news/business/33095)

By John Kim | Business
Published: 2026-10-16T06:44:44.000Z
Updated: 2026-10-16T06:44:44.000Z

The company expects the payout to bring its share price and market capitalization near levels that could prompt an involuntary delisting.

[Full text](https://www.tokenpost.com/news/business/33095.md) | [Citation metadata](https://www.tokenpost.com/news/business/33095.json)

## [Whitecap Resources Sets Monthly Dividend at CAD 0.0608 Per Share](https://www.tokenpost.com/news/business/33088)

By John Kim | Business
Published: 2026-10-16T06:28:55.000Z
Updated: 2026-10-16T06:28:55.000Z

The payout matches the previous monthly dividend. The ex-dividend date is Oct. 29, ahead of the Oct. 31 record date and Nov. 16 payment.

[Full text](https://www.tokenpost.com/news/business/33088.md) | [Citation metadata](https://www.tokenpost.com/news/business/33088.json)

## [Strive Buys 2,822 Bitcoin as Strategy Repurchases $192.4 Million in Shares](https://www.tokenpost.com/news/business/33087)

By John Kim | Business
Published: 2026-10-16T06:27:08.000Z
Updated: 2026-10-16T06:27:08.000Z

Strive's average purchase price was about $83,266 per coin, including fees and expenses. Warrant exercises were expected to generate $369.2 million in gross proceeds.

[Full text](https://www.tokenpost.com/news/business/33087.md) | [Citation metadata](https://www.tokenpost.com/news/business/33087.json)

## [SITE Centers Declares $3 Per-Share Distribution After Selling Its JV Stake](https://www.tokenpost.com/news/business/33086)

By John Kim | Business
Published: 2026-10-16T06:27:00.000Z
Updated: 2026-10-16T06:27:00.000Z

The sale of its interests in the Dividend Trust Portfolio joint venture generated about $32.4 million in net proceeds.

[Full text](https://www.tokenpost.com/news/business/33086.md) | [Citation metadata](https://www.tokenpost.com/news/business/33086.json)

## [Meritz Securities and Canton Foundation to Study Tokenization of Korean Assets](https://www.tokenpost.com/news/business/33083)

By John Kim | Business
Published: 2026-10-16T06:23:12.000Z
Updated: 2026-10-16T06:23:12.000Z

The MoU covers domestic financial assets and Canton Network infrastructure, plus cross-border tokenization of sovereign-grade debt and possible collateral uses for tokenized high-quality liquid assets.

[Full text](https://www.tokenpost.com/news/business/33083.md) | [Citation metadata](https://www.tokenpost.com/news/business/33083.json)

## [Tether Invests in AIsa to Expand AI-Powered Payments and Programmable Money](https://www.tokenpost.com/news/business/33081)

By Enna Lee | Business
Published: 2026-10-16T06:20:58.000Z
Updated: 2026-10-16T06:20:58.000Z

Tether Capital announced a strategic investment in AIsa, which enables AI agents to access and pay for data, software, and computing services. AIsa has more than 250,000 agents and has processed over 100 million trans…

[Full text](https://www.tokenpost.com/news/business/33081.md) | [Citation metadata](https://www.tokenpost.com/news/business/33081.json)

## [A Fresh Start with ViaBTC: New Users Get 50% Off Mining Pool Fees for 30 Days](https://www.tokenpost.com/news/business/33080)

By Enna Lee | Business
Published: 2026-10-16T06:20:31.000Z
Updated: 2026-10-16T06:20:31.000Z

Users who register during the promotion will receive a coupon offering 50% off mining pool fees for 30 days. The offer applies to mining BTC, LTC, ZEC, BCH, KAS, and DASH.

[Full text](https://www.tokenpost.com/news/business/33080.md) | [Citation metadata](https://www.tokenpost.com/news/business/33080.json)

## [Capital Southwest Estimates Fiscal Q2 Income Above Analyst Average](https://www.tokenpost.com/news/business/33079)

By John Kim | Business
Published: 2026-10-16T06:19:13.000Z
Updated: 2026-10-16T06:19:13.000Z

Its preliminary range was $0.56 to $0.57 per share, and CSWC shares rose 0.7% in after-hours trading Thursday.

[Full text](https://www.tokenpost.com/news/business/33079.md) | [Citation metadata](https://www.tokenpost.com/news/business/33079.json)

## [Penske Automotive Group Shares Rise Nearly 9% After $212 Buyout Pact](https://www.tokenpost.com/news/business/33078)

By John Kim | Business
Published: 2026-10-16T06:16:43.000Z
Updated: 2026-10-16T06:16:43.000Z

Eligible common stockholders outside the investor group would receive $212 per share in cash, with closing targeted for the first quarter of 2027.

[Full text](https://www.tokenpost.com/news/business/33078.md) | [Citation metadata](https://www.tokenpost.com/news/business/33078.json)

## [Abits Group Posts $3.2 Million First-Half Revenue, $0.79 GAAP Loss Per Share](https://www.tokenpost.com/news/business/33077)

By John Kim | Business
Published: 2026-10-16T06:16:06.000Z
Updated: 2026-10-16T06:16:06.000Z

Revenue fell 20% from the same period a year earlier.

[Full text](https://www.tokenpost.com/news/business/33077.md) | [Citation metadata](https://www.tokenpost.com/news/business/33077.json)

## [Semtech Shares Fall 10% as It Raises Third-Quarter Outlook](https://www.tokenpost.com/news/business/33074)

By John Kim | Business
Published: 2026-10-16T06:09:25.000Z
Updated: 2026-10-16T06:09:25.000Z

The revised fiscal 2027 outlook lifts midpoint estimates for net sales and adjusted diluted earnings per share. Semtech also outlined a $3.2 billion fiscal 2030 sales framework.

[Full text](https://www.tokenpost.com/news/business/33074.md) | [Citation metadata](https://www.tokenpost.com/news/business/33074.json)

## [Con Edison Declares a $0.8875 Quarterly Dividend Per Common Share](https://www.tokenpost.com/news/business/33073)

By John Kim | Business
Published: 2026-10-16T06:07:51.000Z
Updated: 2026-10-16T06:07:51.000Z

The dividend is payable Dec. 15 to shareholders of record Nov. 18.

[Full text](https://www.tokenpost.com/news/business/33073.md) | [Citation metadata](https://www.tokenpost.com/news/business/33073.json)

## [IDACORP Declares $0.90 Quarterly Dividend After September Increase](https://www.tokenpost.com/news/business/33072)

By John Kim | Business
Published: 2026-10-16T06:05:11.000Z
Updated: 2026-10-16T06:05:11.000Z

The dividend is payable Nov. 30 to shareholders of record Nov. 5. The new rate implies annual payouts of $3.60 per share.

[Full text](https://www.tokenpost.com/news/business/33072.md) | [Citation metadata](https://www.tokenpost.com/news/business/33072.json)

## [Pepeto Gives Two Presale Figures More Than $386,000 Apart](https://www.tokenpost.com/news/business/33070)

By John Kim | Business
Published: 2026-10-16T06:03:19.000Z
Updated: 2026-10-16T06:03:19.000Z

The first Oct. 15 announcement put the raise at $10.845 million; a post 53 minutes later said it had passed $11.231 million. An Oct. 2 announcement had already put it past $11.16 million.

[Full text](https://www.tokenpost.com/news/business/33070.md) | [Citation metadata](https://www.tokenpost.com/news/business/33070.json)

## [CME Sets Oct. 15 Effective Date for GPU Rental Forward Curves](https://www.tokenpost.com/news/business/33069)

By John Kim | Business
Published: 2026-10-16T05:59:06.000Z
Updated: 2026-10-16T05:59:06.000Z

The nontradable data covers Silicon Data’s H100 and B200 indexes. Proposed futures tied to the benchmarks remain under CFTC review.

[Full text](https://www.tokenpost.com/news/business/33069.md) | [Citation metadata](https://www.tokenpost.com/news/business/33069.json)

## [NB Bancorp, Inc. Posts $23.1 Million Third-Quarter Profit](https://www.tokenpost.com/news/business/33066)

By John Kim | Business
Published: 2026-10-16T05:53:18.000Z
Updated: 2026-10-16T05:53:18.000Z

Revenue reached $76.5 million, compared with $51.9 million a year earlier. The board declared a $0.07 quarterly dividend payable Nov. 12.

[Full text](https://www.tokenpost.com/news/business/33066.md) | [Citation metadata](https://www.tokenpost.com/news/business/33066.json)

## [International Paper Closes 6.9% Higher as It Confirms Talks With Potential Buyers](https://www.tokenpost.com/news/business/33064)

By John Kim | Business
Published: 2026-10-16T05:48:35.000Z
Updated: 2026-10-16T05:48:35.000Z

The review concerns its EMEA packaging business and is proceeding alongside a planned spin-off into DS Smith plc. No sale is assured.

[Full text](https://www.tokenpost.com/news/business/33064.md) | [Citation metadata](https://www.tokenpost.com/news/business/33064.json)

## [Daily Journal Completes Revir Acquisition, Adding Scout AI Tool](https://www.tokenpost.com/news/business/33063)

By John Kim | Business
Published: 2026-10-16T05:45:22.000Z
Updated: 2026-10-16T05:45:22.000Z

The deal closed Oct. 13 and was funded with cash on hand; financial terms were not disclosed.

[Full text](https://www.tokenpost.com/news/business/33063.md) | [Citation metadata](https://www.tokenpost.com/news/business/33063.json)

## [ChronoScale Posts $41.5 Million in Revenue, $42.5 Million GAAP Loss](https://www.tokenpost.com/news/business/33062)

By John Kim | Business
Published: 2026-10-16T05:40:26.000Z
Updated: 2026-10-16T05:40:26.000Z

Revenue from continuing operations rose 148% year over year. Discontinued Ekso operations accounted for $16.1 million of the total loss.

[Full text](https://www.tokenpost.com/news/business/33062.md) | [Citation metadata](https://www.tokenpost.com/news/business/33062.json)

## [Loop Industries Posts $0.12 Million in Revenue as Loss Per Share Meets Estimates](https://www.tokenpost.com/news/business/33060)

By John Kim | Business
Published: 2026-10-16T05:38:24.000Z
Updated: 2026-10-16T05:38:24.000Z

The company’s GAAP loss per share was $0.06, while revenue missed estimates by $0.19 million.

[Full text](https://www.tokenpost.com/news/business/33060.md) | [Citation metadata](https://www.tokenpost.com/news/business/33060.json)

## [Colony and First Reliance Shareholders Approve $163 Million Merger](https://www.tokenpost.com/news/business/33059)

By John Kim | Business
Published: 2026-10-16T05:37:06.000Z
Updated: 2026-10-16T05:37:06.000Z

Colony agreed to acquire all of First Reliance’s stock in a cash-and-stock transaction.

[Full text](https://www.tokenpost.com/news/business/33059.md) | [Citation metadata](https://www.tokenpost.com/news/business/33059.json)

## [Carriage Services Declares Quarterly Dividend of $0.1125 Per Share](https://www.tokenpost.com/news/business/33058)

By John Kim | Business
Published: 2026-10-16T05:36:16.000Z
Updated: 2026-10-16T05:36:16.000Z

The payment is scheduled for Dec. 1, with Nov. 2 set as the record and ex-dividend date.

[Full text](https://www.tokenpost.com/news/business/33058.md) | [Citation metadata](https://www.tokenpost.com/news/business/33058.json)

## [Cohen & Steers Posts $157.4 Million in Q3 GAAP Revenue](https://www.tokenpost.com/news/business/33056)

By John Kim | Business
Published: 2026-10-16T05:33:29.000Z
Updated: 2026-10-16T05:33:29.000Z

Adjusted diluted EPS was $0.89, while net inflows reached $1.6 billion for a fifth straight quarter of organic growth.

[Full text](https://www.tokenpost.com/news/business/33056.md) | [Citation metadata](https://www.tokenpost.com/news/business/33056.json)

## [Beazer Homes Stockholders Approve Dream Finders Acquisition](https://www.tokenpost.com/news/business/33054)

By John Kim | Business
Published: 2026-10-16T05:28:49.000Z
Updated: 2026-10-16T05:28:49.000Z

The vote took place at a special meeting Oct. 15. Dream Finders expects to complete the transaction Oct. 20.

[Full text](https://www.tokenpost.com/news/business/33054.md) | [Citation metadata](https://www.tokenpost.com/news/business/33054.json)

## [Proofpoint Agrees to Acquire Varonis in $6.3 Billion Cash Deal](https://www.tokenpost.com/news/business/33053)

By John Kim | Business
Published: 2026-10-16T05:26:15.000Z
Updated: 2026-10-16T05:26:15.000Z

Varonis holders would receive $49.75 per share. The deal needs shareholder and regulatory approval and is targeted to close in the first half of 2027.

[Full text](https://www.tokenpost.com/news/business/33053.md) | [Citation metadata](https://www.tokenpost.com/news/business/33053.json)

## [Kish Bancorp, Inc. Posts $6.4 Million Third-Quarter Profit, Up 23.9%](https://www.tokenpost.com/news/business/33052)

By John Kim | Business
Published: 2026-10-16T05:26:10.000Z
Updated: 2026-10-16T05:26:10.000Z

The parent of Kish Bank recorded unaudited earnings of $2.11 per share. Net interest income before credit-loss provisions rose 17.7% year over year.

[Full text](https://www.tokenpost.com/news/business/33052.md) | [Citation metadata](https://www.tokenpost.com/news/business/33052.json)

## [Ferrovial Team Selected for Project With $8.9 Billion in Expected Construction Value](https://www.tokenpost.com/news/business/33051)

By John Kim | Business
Published: 2026-10-16T05:24:52.000Z
Updated: 2026-10-16T05:24:52.000Z

The multi-phase project will add express lanes and other road improvements in the greater Atlanta area.

[Full text](https://www.tokenpost.com/news/business/33051.md) | [Citation metadata](https://www.tokenpost.com/news/business/33051.json)

## [MDxHealth Expects Q3 Revenue to Match Year-Earlier $22.7 Million](https://www.tokenpost.com/news/business/33050)

By John Kim | Business
Published: 2026-10-16T05:20:38.000Z
Updated: 2026-10-16T05:20:38.000Z

The estimate covers continuing operations and matches the $22.7 million comparison for Q3 2025.

[Full text](https://www.tokenpost.com/news/business/33050.md) | [Citation metadata](https://www.tokenpost.com/news/business/33050.json)

## [Hain Celestial Shares Fall After Missed Credit Deadline Puts Sale at Risk](https://www.tokenpost.com/news/business/33047)

By John Kim | Business
Published: 2026-10-16T05:17:21.000Z
Updated: 2026-10-16T05:17:21.000Z

AURELIUS-affiliated buyers may terminate the deal, while discussions with Hain and its lenders continue.

[Full text](https://www.tokenpost.com/news/business/33047.md) | [Citation metadata](https://www.tokenpost.com/news/business/33047.json)

## [Porsche Unveils Mission S Concept for a Platform Above the 911](https://www.tokenpost.com/news/business/33046)

By John Kim | Business
Published: 2026-10-16T05:16:43.000Z
Updated: 2026-10-16T05:16:43.000Z

The concept follows an Oct. 7 strategy update with a midterm break-even target of 200,000 vehicles or fewer annually and a long-term 15% operating-margin goal.

[Full text](https://www.tokenpost.com/news/business/33046.md) | [Citation metadata](https://www.tokenpost.com/news/business/33046.json)

## [FVCBankcorp Sets $0.07 Quarterly Dividend Payment for Nov. 16](https://www.tokenpost.com/news/business/33044)

By John Kim | Business
Published: 2026-10-16T05:12:26.000Z
Updated: 2026-10-16T05:12:26.000Z

Shareholders of record Oct. 26 are eligible for the payment; that date is also the ex-dividend date.

[Full text](https://www.tokenpost.com/news/business/33044.md) | [Citation metadata](https://www.tokenpost.com/news/business/33044.json)

## [Lululemon Shares Rise 5.3%; Quarterly Revenue Falls 4.3%](https://www.tokenpost.com/news/business/33043)

By John Kim | Business
Published: 2026-10-16T05:10:52.000Z
Updated: 2026-10-16T05:10:52.000Z

Net income also declined from a year earlier, while the company lowered its fiscal 2026 revenue forecast to $10.35 billion to $10.50 billion.

[Full text](https://www.tokenpost.com/news/business/33043.md) | [Citation metadata](https://www.tokenpost.com/news/business/33043.json)

## [First Financial Bankshares Posts $0.52 GAAP EPS as Revenue Misses Forecasts](https://www.tokenpost.com/news/business/33042)

By John Kim | Business
Published: 2026-10-16T05:10:42.000Z
Updated: 2026-10-16T05:10:42.000Z

Revenue totaled $174.15 million, up 8.2% year over year. Assets stood at $15.16 billion on Sept. 30, 2026.

[Full text](https://www.tokenpost.com/news/business/33042.md) | [Citation metadata](https://www.tokenpost.com/news/business/33042.json)

## [Alcoa Posts $1.82 Adjusted EPS as Q3 Revenue Falls 7% Sequentially](https://www.tokenpost.com/news/business/33039)

By John Kim | Business
Published: 2026-10-16T05:06:49.000Z
Updated: 2026-10-16T05:06:49.000Z

Revenue totaled $3.704 billion, down 7% from the second quarter. Aluminum-segment revenue declined 9% amid lower shipments and realized prices.

[Full text](https://www.tokenpost.com/news/business/33039.md) | [Citation metadata](https://www.tokenpost.com/news/business/33039.json)

## [Network School Plans to Acquire Farcaster as Most Neynar Members Join](https://www.tokenpost.com/news/business/33038)

By John Kim | Business
Published: 2026-10-16T05:01:28.000Z
Updated: 2026-10-16T05:01:28.000Z

The planned transfer includes Farcaster’s app, protocol codebase and related products. Neynar co-founder Rish and some team members will leave.

[Full text](https://www.tokenpost.com/news/business/33038.md) | [Citation metadata](https://www.tokenpost.com/news/business/33038.json)

## [Fortune Brands Agrees to Sell Fiberon for $160 Million in Cash](https://www.tokenpost.com/news/business/33037)

By John Kim | Business
Published: 2026-10-16T05:01:20.000Z
Updated: 2026-10-16T05:01:20.000Z

The company expects an additional noncash impairment charge of $175 million to $205 million and targets closing within 60 days of the Oct. 15 announcement.

[Full text](https://www.tokenpost.com/news/business/33037.md) | [Citation metadata](https://www.tokenpost.com/news/business/33037.json)

## [NextTrip Q2 Revenue Falls 28.9% as Six-Month Revenue Rises About 122%](https://www.tokenpost.com/news/business/33036)

By John Kim | Business
Published: 2026-10-16T04:58:28.000Z
Updated: 2026-10-16T04:58:28.000Z

Deferred revenue was approximately $1.2 million at quarter-end, supported in part by continued cruise-booking activity.

[Full text](https://www.tokenpost.com/news/business/33036.md) | [Citation metadata](https://www.tokenpost.com/news/business/33036.json)

## [Morgan Stanley Leads Fundraising for Planned Brownsville Refinery](https://www.tokenpost.com/news/business/33035)

By John Kim | Business
Published: 2026-10-16T04:57:58.000Z
Updated: 2026-10-16T04:57:58.000Z

The proposed facility is designed to process about 60 million barrels of U.S. light shale oil a year. The amount sought in the current raise has not been disclosed.

[Full text](https://www.tokenpost.com/news/business/33035.md) | [Citation metadata](https://www.tokenpost.com/news/business/33035.json)

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