Business — Page 135

The Rakuten Pay change concerns payments in Japan. Binance's separate program offers rewards to XRP holders.

The @XRP account posted for the first time Oct. 19 in both ET and UTC. Its profile lists Ripple and the XRP Ledger Foundation as joint managers.

The company mined 1,355 Bitcoin (BTC) in September, up 200% from a year earlier.

Town raised $108 million in a Series B that values the workplace AI startup at $1 billion.

The exchange is talking with potential partners but has not found a suitable U.S. entry opportunity or secured an agreement.

The dollar deposit token is now available on Ethereum’s main network after its 2025 launch on Base.

The Kentucky proposal includes more than 1.2 gigawatts of computing capacity. Final project agreements and state utility approval remain pending.

The proposed round could value OpenAI above $1.4 trillion. SoftBank Group and MGX are among the investors in talks.

The products were announced between September 2025 and January 2026. A $200 million KAIO platform figure did not measure assets held on Sei.

Both firms are discussing participation in the same round.

The board began its review before the company completed a $6.6 million property sale and received a $2 million bank loan on Oct. 16.

A seven-year warrant gives an Amazon subsidiary the right to buy up to 3,162,015 3M shares at $164.89 each.

General Motors plans to release results at about 6:30 a.m. ET. MSCI’s earnings call is scheduled for 11 a.m. ET, after the market opens.

A Minnesota farmer must buy out his father and uncle, while a North Dakota successor faced financial strain as he took on larger shares of the operation.

The Oct. 16, 2026, agreement covers interests across three North Dakota counties in the Williston Basin.

Warrant exercises generated $369.2 million in gross proceeds. A separate $630 million preferred stock offering is scheduled to settle Oct. 20.

Consensus forecasts call for earnings of $0.47 per share and revenue of $212.9 million.

The revenue estimate is $615.73 million, while earnings are estimated at $1.29 per share. Stride has scheduled an earnings call for Oct. 20.

The agreement also covers certain affiliates and allows for price adjustments and additional payments tied to performance targets.

The proposed deal would add new-issue and gray-market bond trading to Tradeweb’s credit platform. The companies are targeting a close in the first half of 2027.

Its shares would remain listed under BLGV on the Canadian Securities Exchange and BLGVF on OTCQB. No effective date has been announced.

The operator runs 25 bars, some near Dodger Stadium. Its position returned almost twice its original amount after Milwaukee swept Los Angeles.

Demand from data centers and power grids is driving interest in copper from the Arizona project.

The amended agreement increases the planned financing from approximately C$20 million. A separate C$4.75 million placement is outside the bought deal.

PlayJamaica received preferred shares with a stated value of $225,000 at closing. Four additional awards depend on revenue milestones.

Diluted earnings reached $3.37 per share. The results did not separately disclose performance from Wintrust’s crypto-focused fund banking business.

Shareholders of record at the close of business Nov. 2 are eligible for payment on or about Nov. 16.

Executive Chair Yaniv Friedman tied additional spending in Britain to government approval of the North Sea oil project.

The increase is Ally’s first to its common stock dividend since 2022. Payment is scheduled for Nov. 16.

Its AI cloud revenue backlog reached about $2.9 billion at month’s end, up from $0.9 billion in August.

Return on equity was 18.4%. The insurer’s shares moved lower in after-hours trading following the results.

Third-quarter 2026 net sales rose 34.8% to $6.509 billion. GAAP earnings were $5.26 per diluted share.

Third-quarter GAAP earnings matched estimates at $0.43 per share. Shares fell 0.53% in after-hours trading Oct. 19.

The new payout is $0.05 above the previous rate. Oct. 30 is both the record date and the ex-dividend date.

Revenue totaled $24.86 million, and loans held for investment grew by $81.6 million during the quarter.

Net income rose to $277.2 million, while deposits reached $81.8 billion at quarter-end.

Cartrack ended the quarter with 2.9 million subscribers, up 18%, while Karooooo’s operating profit rose 19%.

The term loan carried a 5.03% effective rate at closing and allows three optional 12-month extensions, subject to conditions.

Net earnings reached $262 million for the quarter ended Sept. 30, 2026, up from $221 million a year earlier.

The Kaseya Center project will install new wireless access points and upgrade the wired network that supports them.