# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=162
Page 162 of 350. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Albertsons Seeks Up to $9.3 Billion From Kroger After Merger Fails](https://www.tokenpost.com/news/business/31439)

By John Kim | Business
Published: 2026-10-13T18:47:33.000Z
Updated: 2026-10-13T18:47:33.000Z

The proposed merger was valued at $24.6 billion, while Albertsons’ market capitalization is roughly $6 billion.

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## [EvernorthXRP Brings XRPN Shares to Nasdaq as Stock Slides 3.55%](https://www.tokenpost.com/news/business/31437)

By John Kim | Business
Published: 2026-10-13T18:45:14.000Z
Updated: 2026-10-13T18:45:14.000Z

Evernorth Holdings offers Nasdaq-listed Class A shares tied to an XRP-focused corporate treasury. XRPN recently fell to $16.31.

[Full text](https://www.tokenpost.com/news/business/31437.md) | [Citation metadata](https://www.tokenpost.com/news/business/31437.json)

## [Interactive Brokers Adds Ether Staking for Eligible Brokerage Clients](https://www.tokenpost.com/news/business/31434)

By John Kim | Business
Published: 2026-10-13T18:43:00.000Z
Updated: 2026-10-13T18:43:00.000Z

The service is supported by crypto infrastructure company Zerohash and initially allows qualifying users to stake or unstake ETH through Client Portal.

[Full text](https://www.tokenpost.com/news/business/31434.md) | [Citation metadata](https://www.tokenpost.com/news/business/31434.json)

## [Flex Plans 2027 Spin-Off of AI Infrastructure Business](https://www.tokenpost.com/news/business/31433)

By John Kim | Business
Published: 2026-10-13T18:42:55.000Z
Updated: 2026-10-13T18:42:55.000Z

The planned Axiom Solutions International would trade on Nasdaq under AXM and focus on power, thermal management and compute systems for AI data centers.

[Full text](https://www.tokenpost.com/news/business/31433.md) | [Citation metadata](https://www.tokenpost.com/news/business/31433.json)

## [Crocs Posts Record $1.179 Billion Quarter as Brand Revenue Tops $1 Billion](https://www.tokenpost.com/news/business/31425)

By John Kim | Business
Published: 2026-10-13T18:33:01.000Z
Updated: 2026-10-13T18:33:01.000Z

Crocs raised its 2026 outlook after international revenue grew 7.8% and expanded its share-repurchase authorization to approximately $2 billion.

[Full text](https://www.tokenpost.com/news/business/31425.md) | [Citation metadata](https://www.tokenpost.com/news/business/31425.json)

## [Lockheed Martin, Avio Agree to Expand U.S. Rocket Motor Capacity](https://www.tokenpost.com/news/business/31422)

By John Kim | Business
Published: 2026-10-13T18:26:49.000Z
Updated: 2026-10-13T18:26:49.000Z

The agreement targets higher domestic manufacturing capacity for solid rocket motors, a critical component of guided missiles.

[Full text](https://www.tokenpost.com/news/business/31422.md) | [Citation metadata](https://www.tokenpost.com/news/business/31422.json)

## [Strive Adds 3,311 Bitcoin in Implied $280 Million Purchase](https://www.tokenpost.com/news/business/31413)

By John Kim | Business
Published: 2026-10-13T18:18:25.000Z
Updated: 2026-10-13T18:18:25.000Z

The Nasdaq-listed asset manager increased its holdings to 32,773 BTC as of Oct. 9 after buying at an average price of approximately $84,500 per coin.

[Full text](https://www.tokenpost.com/news/business/31413.md) | [Citation metadata](https://www.tokenpost.com/news/business/31413.json)

## [Strive Buys 3,311 Bitcoin in One Week, Holdings Top 32,000](https://www.tokenpost.com/news/business/31407)

By John Kim | Business
Published: 2026-10-13T18:03:49.000Z
Updated: 2026-10-13T18:03:49.000Z

The Nasdaq-listed company spent about $280 million at an average price of roughly $84,500 per Bitcoin, lifting its holdings to 32,773 BTC.

[Full text](https://www.tokenpost.com/news/business/31407.md) | [Citation metadata](https://www.tokenpost.com/news/business/31407.json)

## [XTEND Wins $40.5 Million U.S. Order for 6,000 STRIKER Drones](https://www.tokenpost.com/news/business/31401)

By John Kim | Business
Published: 2026-10-13T17:54:31.000Z
Updated: 2026-10-13T17:54:31.000Z

The contract follows XTEND’s advancement to the third phase of the Drone Dominance Program, which requires delivery of 400 systems before further testing.

[Full text](https://www.tokenpost.com/news/business/31401.md) | [Citation metadata](https://www.tokenpost.com/news/business/31401.json)

## [JPMorgan Sets $107 Billion 2027 NII Case as Buybacks Ease](https://www.tokenpost.com/news/business/31396)

By John Kim | Business
Published: 2026-10-13T17:43:17.000Z
Updated: 2026-10-13T17:43:17.000Z

Chief Financial Officer Jeremy Barnum described the outlook as a central case based on highly uncertain assumptions. Third-quarter net income reached $15.3 billion.

[Full text](https://www.tokenpost.com/news/business/31396.md) | [Citation metadata](https://www.tokenpost.com/news/business/31396.json)

## [Coinbase CEO Says Every Business Needs a Stablecoin Strategy](https://www.tokenpost.com/news/business/31395)

By John Kim | Business
Published: 2026-10-13T17:42:24.000Z
Updated: 2026-10-13T17:42:24.000Z

Brian Armstrong said early adopters could gain customers and a competitive advantage as businesses consider stablecoin adoption.

[Full text](https://www.tokenpost.com/news/business/31395.md) | [Citation metadata](https://www.tokenpost.com/news/business/31395.json)

## [Prime Intellect to Acquire Moondream to Accelerate AI Inference](https://www.tokenpost.com/news/business/31394)

By John Kim | Business
Published: 2026-10-13T17:42:14.000Z
Updated: 2026-10-13T17:42:14.000Z

The deal would add Moondream’s open-source vision models and inference software to Prime Intellect’s infrastructure stack. Financial terms and the closing date were not disclosed.

[Full text](https://www.tokenpost.com/news/business/31394.md) | [Citation metadata](https://www.tokenpost.com/news/business/31394.json)

## [UnitedHealth Group Raises 2026 Adjusted EPS Guidance to $20.50](https://www.tokenpost.com/news/business/31393)

By John Kim | Business
Published: 2026-10-13T17:41:48.000Z
Updated: 2026-10-13T17:41:48.000Z

The insurer reiterated its 13% to 16% long-term growth target and cited progress from actions taken throughout 2026.

[Full text](https://www.tokenpost.com/news/business/31393.md) | [Citation metadata](https://www.tokenpost.com/news/business/31393.json)

## [BP Cuts Net Debt by $8 Billion and Reaches 2027 Target Early](https://www.tokenpost.com/news/business/31391)

By John Kim | Business
Published: 2026-10-13T17:35:52.000Z
Updated: 2026-10-13T17:35:52.000Z

BP shares rose 3.5% to an intraday 52-week high of $48.74 as surging energy prices drove stronger profits from energy trading and oil refining.

[Full text](https://www.tokenpost.com/news/business/31391.md) | [Citation metadata](https://www.tokenpost.com/news/business/31391.json)

## [Albertsons Expands Cost-Cutting Plan to $2 Billion, Sets 2027 Investor Day](https://www.tokenpost.com/news/business/31390)

By John Kim | Business
Published: 2026-10-13T17:31:23.000Z
Updated: 2026-10-13T17:31:23.000Z

The grocer paused updates to its fiscal 2026 outlook until the fourth quarter as it pursues a turnaround strategy after weaker second-quarter results.

[Full text](https://www.tokenpost.com/news/business/31390.md) | [Citation metadata](https://www.tokenpost.com/news/business/31390.json)

## [Citigroup Reports $5.2 Billion Q3 Profit as Revenue Climbs 8%](https://www.tokenpost.com/news/business/31388)

By John Kim | Business
Published: 2026-10-13T17:25:51.000Z
Updated: 2026-10-13T17:25:51.000Z

Net income rose 40% year over year as Services revenue increased 15%, while credit-loss provisions grew 6% and the bank returned $4.1 billion to shareholders.

[Full text](https://www.tokenpost.com/news/business/31388.md) | [Citation metadata](https://www.tokenpost.com/news/business/31388.json)

## [Pluto Security Raises $42 Million for Enterprise AI Workspace Security](https://www.tokenpost.com/news/business/31386)

By John Kim | Business
Published: 2026-10-13T17:22:44.000Z
Updated: 2026-10-13T17:22:44.000Z

The company is emerging from stealth with software that monitors AI tools, agents, extensions, skills and Model Context Protocol servers used inside businesses.

[Full text](https://www.tokenpost.com/news/business/31386.md) | [Citation metadata](https://www.tokenpost.com/news/business/31386.json)

## [Ondo Finance’s USDY Overtakes BUIDL as Treasury Tokens Top $3B](https://www.tokenpost.com/news/business/31383)

By John Kim | Business
Published: 2026-10-13T17:19:32.000Z
Updated: 2026-10-13T17:19:32.000Z

USDY reached about $2.328 billion, ahead of BlackRock’s BUIDL at $2.204 billion, while Ondo’s OUSG added roughly $319 million.

[Full text](https://www.tokenpost.com/news/business/31383.md) | [Citation metadata](https://www.tokenpost.com/news/business/31383.json)

## [Evernorth Discloses Major Beneficial Owners in Corrected Nasdaq Filing](https://www.tokenpost.com/news/business/31381)

By John Kim | Business
Published: 2026-10-13T17:18:14.000Z
Updated: 2026-10-13T17:18:14.000Z

The filing lists beneficial ownership by Ripple Labs Inc., SBI Holdings Inc., Chris Larsen and Arrington XRP Capital Fund, LP.

[Full text](https://www.tokenpost.com/news/business/31381.md) | [Citation metadata](https://www.tokenpost.com/news/business/31381.json)

## [Strive Buys $280 Million in Bitcoin, More Than 13 Times Strategy's Latest Buy](https://www.tokenpost.com/news/business/31372)

By John Kim | Business
Published: 2026-10-13T17:07:03.000Z
Updated: 2026-10-13T17:07:03.000Z

The Nasdaq-listed company added 3,311 BTC between Oct. 5 and Oct. 9, lifting its holdings to 32,773 BTC.

[Full text](https://www.tokenpost.com/news/business/31372.md) | [Citation metadata](https://www.tokenpost.com/news/business/31372.json)

## [Dangote Refinery Extends ₦2.15 Trillion Share Offer to Oct. 27](https://www.tokenpost.com/news/business/31371)

By John Kim | Business
Published: 2026-10-13T17:05:41.000Z
Updated: 2026-10-13T17:05:41.000Z

The Nigerian refinery is offering 4.1 billion ordinary shares at ₦525 each, with allotment scheduled for Nov. 17, 2026.

[Full text](https://www.tokenpost.com/news/business/31371.md) | [Citation metadata](https://www.tokenpost.com/news/business/31371.json)

## [Botswana Nears Deal to Raise De Beers Stake to About 25%](https://www.tokenpost.com/news/business/31370)

By John Kim | Business
Published: 2026-10-13T17:04:30.000Z
Updated: 2026-10-13T17:04:30.000Z

The government currently holds 15% of the diamond producer. Global Diamond Consortium is the preferred bidder in the proposed acquisition.

[Full text](https://www.tokenpost.com/news/business/31370.md) | [Citation metadata](https://www.tokenpost.com/news/business/31370.json)

## [AI Funding Models Link Suppliers and Customers, Raising Market Risks](https://www.tokenpost.com/news/business/31368)

By John Kim | Business
Published: 2026-10-13T17:01:48.000Z
Updated: 2026-10-13T17:01:48.000Z

Supplier investments and customer purchase commitments involving Nvidia, OpenAI and Anthropic may contribute to overvaluation and market imbalances.

[Full text](https://www.tokenpost.com/news/business/31368.md) | [Citation metadata](https://www.tokenpost.com/news/business/31368.json)

## [Metaplanet Plans $340 Million Convertible Bond Sale to Repay Debt](https://www.tokenpost.com/news/business/31360)

By John Kim | Business
Published: 2026-10-13T16:52:47.000Z
Updated: 2026-10-13T16:52:47.000Z

The zero-coupon bonds will mature in 2031, with remaining proceeds earmarked for share buybacks through December.

[Full text](https://www.tokenpost.com/news/business/31360.md) | [Citation metadata](https://www.tokenpost.com/news/business/31360.json)

## [Bumble Agrees to $1.3 Billion Take-Private Deal as JPMorgan Misses Estimates](https://www.tokenpost.com/news/business/31356)

By John Kim | Business
Published: 2026-10-13T16:50:39.000Z
Updated: 2026-10-13T16:50:39.000Z

Shareholders will receive $6.05 per share, while JPMorgan shares rose after the bank raised its full-year net interest income outlook.

[Full text](https://www.tokenpost.com/news/business/31356.md) | [Citation metadata](https://www.tokenpost.com/news/business/31356.json)

## [Satlyt Raises $8 Million to Expand AI Processing on Satellites](https://www.tokenpost.com/news/business/31352)

By John Kim | Business
Published: 2026-10-13T16:47:32.000Z
Updated: 2026-10-13T16:47:32.000Z

The seed funding will support hiring, additional deployments and software that analyzes spacecraft data before it reaches Earth.

[Full text](https://www.tokenpost.com/news/business/31352.md) | [Citation metadata](https://www.tokenpost.com/news/business/31352.json)

## [AEP Agrees to Buy Mobile Power Units in Deal That Could Exceed $4B](https://www.tokenpost.com/news/business/31344)

By John Kim | Business
Published: 2026-10-13T16:40:57.000Z
Updated: 2026-10-13T16:40:57.000Z

American Electric Power will acquire up to 1.6 gigawatts of small generators from Mainspring Energy under an agreement covering the next eight years.

[Full text](https://www.tokenpost.com/news/business/31344.md) | [Citation metadata](https://www.tokenpost.com/news/business/31344.json)

## [FalconX, Ethena Operate $1 Billion USDe-Backed Lending Facility](https://www.tokenpost.com/news/business/31337)

By John Kim | Business
Published: 2026-10-13T16:33:21.000Z
Updated: 2026-10-13T16:33:21.000Z

The overcollateralized loans use USDe reserve assets, with Ethena holding first-priority security rights. FalconX has processed more than $2.5 trillion in cumulative trading volume.

[Full text](https://www.tokenpost.com/news/business/31337.md) | [Citation metadata](https://www.tokenpost.com/news/business/31337.json)

## [Kimberly-Clark Wins Conditional EU Approval For $40 Billion Kenvue Deal](https://www.tokenpost.com/news/business/31336)

By John Kim | Business
Published: 2026-10-13T16:33:16.000Z
Updated: 2026-10-13T16:33:16.000Z

The European Commission raised competition concerns involving tampon and other feminine hygiene brands. Kimberly-Clark offered to divest the affected brands.

[Full text](https://www.tokenpost.com/news/business/31336.md) | [Citation metadata](https://www.tokenpost.com/news/business/31336.json)

## [Citigroup Posts $5.245 Billion Third-Quarter Profit as Revenue Rises](https://www.tokenpost.com/news/business/31335)

By John Kim | Business
Published: 2026-10-13T16:32:31.000Z
Updated: 2026-10-13T16:32:31.000Z

Citigroup’s third-quarter 2026 net income rose from a year earlier, while revenue increased 8% to $23.845 billion.

[Full text](https://www.tokenpost.com/news/business/31335.md) | [Citation metadata](https://www.tokenpost.com/news/business/31335.json)

## [Poste Italiane Sets €700 Million Annual Synergy Target in TIM Deal](https://www.tokenpost.com/news/business/31334)

By John Kim | Business
Published: 2026-10-13T16:32:03.000Z
Updated: 2026-10-13T16:32:03.000Z

The planned Telecom Italia integration includes €500 million in cost savings and more than €200 million in revenue synergies, with Poste expecting earnings-per-share benefits from fiscal 2027.

[Full text](https://www.tokenpost.com/news/business/31334.md) | [Citation metadata](https://www.tokenpost.com/news/business/31334.json)

## [OpenAI, Anthropic See Slower Growth in Some Enterprise AI Measures](https://www.tokenpost.com/news/business/31327)

By John Kim | Business
Published: 2026-10-13T16:23:53.000Z
Updated: 2026-10-13T16:23:53.000Z

Paid-business adoption continued to rise in August, but spending among the highest-spending companies fell as cheaper standard models drove more token volume.

[Full text](https://www.tokenpost.com/news/business/31327.md) | [Citation metadata](https://www.tokenpost.com/news/business/31327.json)

## [Ripple Partners With Privy To Bring XRP Ledger Wallets To Developers](https://www.tokenpost.com/news/business/31325)

By John Kim | Business
Published: 2026-10-13T16:19:25.000Z
Updated: 2026-10-13T16:19:25.000Z

The integration will support wallet creation, management and transaction signing for XRP, RLUSD and other XRP Ledger assets.

[Full text](https://www.tokenpost.com/news/business/31325.md) | [Citation metadata](https://www.tokenpost.com/news/business/31325.json)

## [Gulf Labs Begins Institutional Validator Role on Injective](https://www.tokenpost.com/news/business/31313)

By John Kim | Business
Published: 2026-10-13T16:08:35.000Z
Updated: 2026-10-13T16:08:35.000Z

The Thailand-based collaboration will explore tokenization, stablecoins and institutional infrastructure, but no product launch or timeline has been announced.

[Full text](https://www.tokenpost.com/news/business/31313.md) | [Citation metadata](https://www.tokenpost.com/news/business/31313.json)

## [MNX Launches Valuation Futures Tied to Four Private AI Companies](https://www.tokenpost.com/news/business/31312)

By John Kim | Business
Published: 2026-10-13T16:07:44.000Z
Updated: 2026-10-13T16:07:44.000Z

The contracts cover OpenAI, Anthropic, DeepSeek and Moonshot, with settlement scheduled for Dec. 31, 2027.

[Full text](https://www.tokenpost.com/news/business/31312.md) | [Citation metadata](https://www.tokenpost.com/news/business/31312.json)

## [India Considers Raising Planned Coal Additions to 105 GW-150 GW](https://www.tokenpost.com/news/business/31306)

By John Kim | Business
Published: 2026-10-13T16:02:28.000Z
Updated: 2026-10-13T16:02:28.000Z

The current framework calls for 97 gigawatts of new coal-fired capacity by 2035 as peak demand reaches new highs.

[Full text](https://www.tokenpost.com/news/business/31306.md) | [Citation metadata](https://www.tokenpost.com/news/business/31306.json)

## [Salesforce Shares Rise 3.49% as Agentforce ARR Tops $1.5 Billion](https://www.tokenpost.com/news/business/31300)

By John Kim | Business
Published: 2026-10-13T15:53:25.000Z
Updated: 2026-10-13T15:53:25.000Z

The stock outpaced a 0.65% gain in the Software & IT Services sector as investors reassessed AI’s role in enterprise software platforms.

[Full text](https://www.tokenpost.com/news/business/31300.md) | [Citation metadata](https://www.tokenpost.com/news/business/31300.json)

## [Google Leads Big Tech Nuclear Push With 890 MW Uprate Deal](https://www.tokenpost.com/news/business/31298)

By John Kim | Business
Published: 2026-10-13T15:51:58.000Z
Updated: 2026-10-13T15:51:58.000Z

The 20-year agreement covers 11 nuclear units and more than $4.3 billion in investment as data-center power demand accelerates.

[Full text](https://www.tokenpost.com/news/business/31298.md) | [Citation metadata](https://www.tokenpost.com/news/business/31298.json)

## [Johnson & Johnson Shares Drop More Than 5% Despite Higher 2026 Outlook](https://www.tokenpost.com/news/business/31286)

By John Kim | Business
Published: 2026-10-13T15:39:18.000Z
Updated: 2026-10-13T15:39:18.000Z

Third-quarter sales rose 5.9% to $25.399 billion, while MedTech growth lagged pharmaceutical gains. The company raised its 2026 outlook.

[Full text](https://www.tokenpost.com/news/business/31286.md) | [Citation metadata](https://www.tokenpost.com/news/business/31286.json)

## [Character.ai Files For Chapter 11 Bankruptcy Amid Costs, Litigation](https://www.tokenpost.com/news/business/31285)

By John Kim | Business
Published: 2026-10-13T15:37:15.000Z
Updated: 2026-10-13T15:37:15.000Z

The AI companion platform plans to keep operating during a court-supervised sale, while Disney has agreed to bid $20 million for selected intellectual property.

[Full text](https://www.tokenpost.com/news/business/31285.md) | [Citation metadata](https://www.tokenpost.com/news/business/31285.json)

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