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A daily business newspaper · Founded in 2026

Money Talk

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Releases

Varia US Properties Secures $694 Million Joint Venture with Brookfield

A strategic partnership between Varia US Properties and Brookfield Asset Management has launched a new $693.9 million joint venture. The deal encompasses 13 multifamily properties across nine U.S. states, providing the Swiss-listed investor with fresh capital to pivot its holdings toward higher-quality residential assets and expanded market reach.

Releases

SEMIFIVE Posts 97% Revenue Surge as AI Chip Demand Escalates

Seoul-based custom AI semiconductor provider SEMIFIVE reported KRW 94.7 billion in revenue for the first half of 2026, capturing 78% of its total 2025 earnings in just six months. The performance underscores a sharp transition toward high-value ASIC turnkey models and surging international demand for mass-produced AI hardware.

Releases

Wayland Group Investors Gain Extra Time for Settlement Claims

Investors involved in the Wayland Group Corp. securities class action have until September 30, 2026, to file for compensation. Berger Montague (Canada) PC pushed the original August 20 deadline back by several weeks, offering a final window for those who held company shares, units, or warrants during the specified class period.

Releases

Skanska secures $957 million light rail contract in Los Angeles

A joint venture between Skanska and Stacy Witbeck has finalized a $1.9 billion agreement with the Los Angeles County Metropolitan Transportation Authority. Skanska will record its $957 million share of the East San Fernando Valley Light Rail Transit Project in its third-quarter order bookings for 2026.

Releases

National Urban League Honors Nina Easton and Pattie Sellers

The National Urban League has named Nina Easton and Pattie Sellers, co-founders of the leadership organization JOURNEY, as 2026 Women of Power. The award recognizes their ongoing commitment to expanding professional opportunities and fostering equity for women leaders, a mission they have pursued through their nonprofit since 2021.

Releases

Shaanxi Moves Beyond History to Redefine China Cool

While the Terracotta Warriors remain the primary draw for international visitors in Xi'an, the Shaanxi Provincial Department of Culture and Tourism is pivotally rebranding the region. By integrating the high-altitude Qinling Mountains with traditional culinary rituals, the province is marketing a summer experience that balances ancient heritage with modern climate-focused travel.

Releases

FastGPT Shifts Enterprise AI Strategy Toward Private Deployment Models

As enterprise AI adoption in China moves beyond initial testing, security and data residency concerns are driving companies to abandon cloud-based services for self-hosted platforms. FastGPT, responding to pressure from procurement and audit teams, has unveiled its commercial terms to clarify accountability and deployment standards for regulated industries.

Releases

TIER IV Joins Japan’s R&D Program to Open-Source AI Chips for Driving

TIER IV has joined the Japan Science and Technology Agency’s research program to develop a software-defined system-on-chip for Level 4 autonomous driving. By open-sourcing chip logic designs and toolchains, the company aims to move beyond traditional GPU-dependent architectures toward a more efficient, verifiable hardware ecosystem for real-world robotics.

Releases

Investors Face September Deadline in Microvast Securities Lawsuit

Investors who purchased Microvast Holdings, Inc. securities between April 1, 2025, and March 16, 2026, have until September 21, 2026, to file as lead plaintiffs in a pending securities fraud class action. The lawsuit alleges that the company misled shareholders regarding its profit margins and production timelines.

Releases

Beijing Hosts ICBS 2026 as Global Scholars Debate AI and Discovery

More than 1,200 researchers and scholars from 30 countries gathered in Beijing on August 9 for the 2026 International Congress of Basic Science. The event unites leading minds, including four Fields Medalists and a Turing Award laureate, to evaluate the trajectory of fundamental research in an increasingly automated world.

Releases

LG and NVIDIA partner to build next-gen humanoid robotics

LG Corp. is moving from strategic planning to implementation, announcing a bipedal humanoid robot powered by NVIDIA’s Isaac GR00T foundation model. Scheduled for a public debut in early 2026, the project marks a core shift in the companies' partnership toward integrating physical AI into manufacturing and mobility.

Releases

California Advances Legislative Package to Curb Insurance Abuses

Seventy percent of Los Angeles fire survivors report that insurance delays and underpayments have crippled their recovery efforts, fueling a push for new oversight. Three legislative bills aimed at curbing abrupt nonrenewals and forcing timely disaster payouts cleared the Assembly Appropriations committee today, moving toward a final floor vote.

Releases

Ardelyx Shares Tumble as Law Firm Launches Securities Investigation

A 17.86% single-session share price collapse has triggered a formal investigation into Ardelyx, as the biotech firm faces scrutiny over missing second-quarter revenue targets and a significant reduction in its full-year guidance for its flagship product, IBSRELA.

Releases

Levi & Korsinsky Launches Investigation Into AECOM Earnings Discrepancies

A $1.79-per-share gap between projected earnings and reported losses has triggered a formal investigation into AECOM. The law firm Levi & Korsinsky is now reviewing potential securities law violations after the company’s stock faltered, following a significant downward revision of its full-year profit guidance and quarterly performance metrics.

Releases

Intuit Faces Class Action Suit Over TurboTax Revenue and Layoffs

Investors who purchased Intuit Inc. stock between August 22, 2025, and May 20, 2026, have until September 8, 2026, to apply for lead plaintiff status in a federal class action lawsuit, following allegations that the company misled shareholders regarding its competitive standing and tax-business growth.

Releases

Cellebrite DI Faces Shareholder Probe Following Stock Sell-Off

A sharp 30% decline in Cellebrite DI Ltd. shares following the company's second-quarter 2026 earnings report has triggered a formal investigation by the law firm Levi & Korsinsky. The inquiry focuses on whether management misled investors regarding revenue projections and the company's growth trajectory earlier this year.

Releases

A Century of Ambition: The Communist Party of China at 105

Marking its 105th anniversary in 2026, the Communist Party of China continues to anchor its governance in the pursuit of national rejuvenation. From its origins with roughly 50 members to a present-day force exceeding 100 million, the organization maintains its focus on economic expansion and social development goals.

Releases

Two Decades of Vertical Ambition: KAILAS Marks Mountain Project Milestone

Veteran climbers gathered at Chengdu MixC on August 7 to mark twenty years of the KAILAS Mountain Adventure Project. The session served as both a retrospective on the evolution of Chinese mountaineering and a showcase for the technical breakthroughs achieved on peaks like the challenging Yaomei Feng.

Releases

Rosen Law Firm Investigates Suja Life Following 46% Stock Plunge

A 46% drop in Suja Life’s share price on August 5 has triggered a formal investigation by the Rosen Law Firm. The inquiry focuses on allegations that the company provided investors with materially misleading business information, potentially damaging shareholder value following a lowered full-year sales forecast.

Releases

WANPY Secures Landmark WPA Excellence Award

The World Pet Association has named WANPY the first Chinese pet food brand to receive its International Excellence Award. Presented in Las Vegas this August, the honor marks a turning point for the manufacturer, validating its rigorous, science-driven approach to quality control and its expanding influence across 77 global markets.

Releases

Investors File Securities Fraud Class Action Against Capricor Therapeutics

Investors who purchased Capricor Therapeutics securities between December 17, 2025, and July 26, 2026, face a critical deadline of September 28, 2026, to move the court for lead plaintiff status. The class action lawsuit alleges the company misled stakeholders regarding the regulatory path for its cell therapy, Deramiocel.

Releases

Rosen Law Firm Targets Gildan Activewear Over Misleading Growth Claims

A sharp 18.7% drop in Gildan Activewear shares on June 16, 2026, has triggered a formal investigation by the Rosen Law Firm. The inquiry focuses on allegations that the apparel manufacturer obscured years of negative organic growth through financial engineering, potentially misleading investors regarding its true market performance.

Releases

First Solar Investors Face August Deadline in Securities Fraud Lawsuit

Investors who purchased First Solar, Inc. securities between February 26, 2025, and February 24, 2026, have until August 24, 2026, to file for lead plaintiff status in an ongoing class action lawsuit alleging the company misled shareholders regarding the impact of U.S. tariff policies on its operations.

Releases

Qingdao Manufacturers Target Latin American Market at Panama Expo

Ten premium manufacturers from Qingdao launched a unified pavilion at the 2026 Panama International Tire & Auto Parts Expo this week, signaling a strategic push to capture market share in Latin America and the Caribbean through a collective branding initiative organized by the CCPIT Qingdao Sub-council.

Releases

Photronics Investors Face September Deadline for Securities Lawsuit

Investors who purchased Photronics, Inc. securities between December 10, 2025, and May 27, 2026, have until September 4, 2026, to file as lead plaintiffs in a pending class action lawsuit. The litigation targets alleged misrepresentations regarding the company’s product pipeline and demand stability.

Releases

Quantinuum and Quanta Computer Partner to Industrialize Quantum Hardware

Moving quantum computing from the laboratory bench to the assembly line, Quantinuum and Quanta Computer have signed an agreement to co-develop the infrastructure required for large-scale, fault-tolerant quantum systems. The collaboration aims to bridge the gap between experimental physics and mass-produced, commercially viable computing platforms.

Releases

Black Rock Coffee Investors Face August Deadline in Securities Lawsuit

Investors who purchased Black Rock Coffee Bar, Inc. securities between September 12, 2025, and May 12, 2026, have until August 17, 2026, to file as lead plaintiffs in a pending class action lawsuit. The litigation centers on allegations that the company misled shareholders regarding the financial impact of its store expansion strategy.

Releases

Codoxo Climbs Inc. 5000 Rankings Amid AI Healthcare Expansion

For the fourth year running, Duluth-based Codoxo has secured a spot on the Inc. 5000 list of America’s fastest-growing private companies. The firm, which specializes in AI-driven healthcare payment integrity, climbed the rankings by focusing on proactive fraud prevention rather than traditional reactive detection methods.

Releases

Pony.ai and Uber Scale Robotaxi Fleet to 2,000 Vehicles Across Europe

Following a successful pilot in Zagreb, Pony.ai and Uber are accelerating their autonomous driving footprint by deploying over 2,000 robotaxis throughout Europe. This expansion marks a shift from isolated testing to a repeatable, multi-market commercial model that integrates L4 autonomous technology directly into the global Uber mobility platform.

Releases

Pony.ai and Uber Scale Robotaxi Fleet Across Europe

Following a successful pilot in Zagreb, Pony.ai and Uber are accelerating their autonomous mobility strategy with plans to deploy over 2,000 robotaxis across four additional European cities. The expansion marks a pivotal transition for the companies, moving from localized testing toward repeatable, large-scale commercial operations.