Pulse 2.0 - Business news, profiles, and deal flow coverage

McDonald’s Commits $8.5 Billion To NEXT Strategy And Targets Higher Margins And Restaurant Efficiency By 2030

AMD Reaches $1 Trillion Market Value As AI Demand Accelerates

Milbank Appoints Former O’Melveny Tax Chair Alex Anderson As Partner In New York

Morrison Foerster Appoints Former DOJ Official Paul Perkins As Partner And False Claims Act Practice Chair

Massumi + Consoli Launches ElevenHundred+ With Financial Sponsor And Appoints Shon Glusky Chief Strategy Officer

Citi Private Bank Appoints Former Bank Of America Executive Samuel Gottesman As Northeast Market Executive

By Amit Chowdhry ● Today at 10:09 AM

Citi Private Bank has appointed Samuel Gottesman as Market Executive for the Northeast, expanding its senior leadership team as it strengthens its relationships with ultra-high-net-worth clients across several major U.S. wealth management markets.

Wedbush Appoints Former Osaic Executive Jim McDermott As Managing Director Of Investments In Chicago

By Amit Chowdhry ● Today at 10:00 AM

Wedbush Securities has appointed Jim McDermott as Managing Director, Investments, within its Wealth Management division, expanding its presence in Chicago and strengthening its advisory capabilities across the Midwest.

KBR Names Michael LaRouche As CEO Of Trinzic Ahead Of Planned 2027 Spin-Off

By Amit Chowdhry ● Today at 9:27 AM

KBR has named Michael LaRouche President and CEO-Designate of Trinzic, the planned spin-off of its Mission Technology Solutions business. The company also announced the appointment of Gabe Butler as Vice President-Designate of Investor Relations, effective October 5, 2026.

S&W Appoints Rosemary Prendecki And Andrew Robinson As Partners To Expand Transaction Tax Advisory Business

By Amit Chowdhry ● Today at 9:26 AM

S&W Group has appointed Rosemary Prendecki and Andrew Robinson as partners in its transaction tax practice, expanding its advisory capabilities for private equity firms, investment funds, financial services companies, and corporate clients.

H&M Group Reports 23% Increase In Third-Quarter Operating Profit To $609 Million

By Amit Chowdhry ● Today at 9:14 AM

H&M Group reported SEK 57.2 billion ($5.77 billion) in net sales for the third quarter of fiscal 2026, while operating profit increased approximately 23% to SEK 6 billion ($605 million), supported by improved gross margins, purchasing efficiencies, and operating cost reductions.

Circular Services Acquires Re:Dish, Expanding Into Reusable Foodservice Packaging

By Amit Chowdhry ● Today at 9:12 AM

Circular Services, a U.S. recycling and composting company, has acquired Re:Dish, a provider of reusable foodservice packaging solutions, expanding its business into reuse services for municipalities, corporations, and institutional customers. Financial terms of the acquisition were not disclosed.

Sagepoint Logistics Adds 60 Renewable Natural Gas Trucks, Doubling Fleet To 120 Vehicles

By Amit Chowdhry ● Today at 9:10 AM

Sagepoint Logistics, an Indiana-based sustainable freight carrier, has announced the addition of 60 heavy-duty renewable natural gas trucks, doubling its low-carbon fleet to 120 vehicles. The expansion is intended to meet growing customer demand for lower-emission transportation while increasing the company's capacity to serve dedicated truckload customers.

Bank Of America Commits $150 Million To Workforce Development And Plans To Hire 1,000 Additional Apprentices

By Amit Chowdhry ● Today at 9:09 AM

Bank of America has announced plans to hire 1,000 additional apprentices over the next two years and invest $150 million in workforce development organizations over five years. The initiative will expand access to employment and professional training opportunities across the United States while supporting the bank's broader skills-based hiring strategy.

Beacon Financial Appoints Sean Gray CEO As Paul Perrault Retires Following Five-Decade Banking Career

By Amit Chowdhry ● Today at 9:08 AM

Beacon Financial, the holding company of Beacon Bank, has appointed Sean A. Gray as Chief Executive Officer of the company and its banking subsidiary, effective September 21, 2026. Gray succeeds Paul A. Perrault, who retired from his executive positions after a banking career spanning more than five decades.

Eurobio Scientific Reports €84.5 Million In First-Half Revenue And €4.7 Million Net Income Following Diagnostic Business Expansion

By Amit Chowdhry ● Today at 9:04 AM

Eurobio Scientific reported €84.5 million in revenue for the first half of 2026, an increase of 4.5% year over year, supported by acquisitions and growth in proprietary diagnostic products.

iFOREX Reports $26.9 Million In First-Half Revenue As Active Clients Increase 8% Following London IPO

By Amit Chowdhry ● Today at 9:03 AM

iFOREX Financial Trading Holdings reported $26.9 million in revenue for the first half of 2026, representing a 2.2% decline year over year, as lower market volatility and currency-related expenses affected financial performance.

H.B. Fuller Reports $938 Million In Q3 Revenue And $187 Million Adjusted EBITDA And Updates Full-Year Outlook

By Amit Chowdhry ● Today at 9:02 AM

H.B. Fuller reported $938 million in revenue for the third quarter of fiscal 2026, an increase of 5.2% year over year, driven by pricing improvements and continued execution of its restructuring and operational efficiency initiatives.

Alpha Ladder Appoints Former Shanghai Innovation Bank Executive Jade Lu As Wealth And International CEO

By Amit Chowdhry ● Today at 8:48 AM

Alpha Ladder Group has appointed Jade Lu as Wealth CEO and International CEO, expanding its leadership team as the Singapore-based financial services group develops its wealth management business and international operations.

Search Minerals Appoints Jonathan Beigle As CEO And Director To Advance Labrador Rare Earth Projects

By Amit Chowdhry ● Today at 8:47 AM

Search Minerals has appointed Jonathan Beigle as Chief Executive Officer and a member of its board of directors, effective September 25, 2026. The leadership transition comes as the company continues developing its rare earth mineral projects in southeastern Labrador, including Foxtrot and Deep Fox.

King & Spalding Adds Julie Chapuy As International Disputes Partner In Paris

By Amit Chowdhry ● Today at 8:45 AM

King & Spalding has appointed Julie Chapuy as a partner in its Paris office, continuing to expand its International Disputes practice. Chapuy joins from Freshfields and becomes the 10th International Disputes partner, and the second in Paris, to join the firm in recent months.

Endra Launches AI-Powered Electrical Engineering Platform And Acquires Planlabs Following $50 Million Series A

By Amit Chowdhry ● Today at 8:23 AM

Endra, a Stockholm-based artificial intelligence company developing software for mechanical, electrical, and plumbing (MEP) engineering, has launched Endra Power Studio, an AI-powered platform designed to automate electrical engineering workflows. The company also announced the acquisition of Planlabs, a Swiss AI company specializing in mechanical engineering, expanding its capabilities as it develops an integrated platform for building design.

Costco Reports $93.9 Billion In Q4 Sales And $297.2 Billion In Fiscal 2026 Sales As Net Income Reaches $9.2 Billion

By Amit Chowdhry ● Today at 8:21 AM

Costco Wholesale reported $93.9 billion in net sales for the fourth quarter of fiscal 2026, representing an 11.2% increase year over year. The warehouse retailer also reported higher quarterly earnings, strong digitally enabled sales growth, and continued expansion in its international markets.

BlackBerry Reports $163.3 Million In Q2 Revenue And Raises Fiscal 2027 Outlook As QNX Growth Accelerates

By Amit Chowdhry ● Today at 8:21 AM

BlackBerry reported $163.3 million in revenue for the second quarter of fiscal 2027, an increase of 26% year over year, driven by growth in its QNX automotive software business and a substantial increase in intellectual property licensing revenue. The company also reported higher profitability, stronger cash generation, and an increased full-year revenue outlook.

TD SYNNEX Reports Record $21.6 Billion Q3 Revenue, Up 37.7%, And Raises Quarterly Dividend

By Amit Chowdhry ● Today at 8:20 AM

TD SYNNEX reported record fiscal third-quarter revenue of $21.6 billion, up 37.7% year over year, as its Distribution and Hyve Solutions businesses benefited from growing demand for technology infrastructure.

Darden Restaurants Reports $3.2 Billion In Q1 Sales And Reaffirms Fiscal 2027 Earnings Outlook

By Amit Chowdhry ● Today at 8:20 AM

Darden Restaurants reported $3.2 billion in sales for the first quarter of fiscal 2027, an increase of 5.1% year over year, supported by positive same-restaurant sales across all its operating segments.

Select Water Solutions To Acquire Pilot Water Solutions For $700 Million, With Up To $15 Million In Additional Consideration

By Amit Chowdhry ● Yesterday at 4:59 PM

Select Water Solutions has entered into a definitive agreement to acquire Pilot Water Solutions for $700 million in cash and stock, with the sellers eligible to receive an additional $15 million in contingent cash consideration. The acquisition will substantially expand Select's water infrastructure operations in the Delaware Basin and strengthen its contracted produced-water management business.

Marriott International Expands Revolving Credit Facility To $5 Billion And Extends Maturity To 2031

By Amit Chowdhry ● Yesterday at 4:57 PM

Marriott International has entered into a $5 billion multicurrency revolving credit agreement, increasing its borrowing commitments by $500 million and extending the maturity of its existing facility by nearly four years. The amended agreement, dated September 23, 2026, replaces the company's previous $4.5 billion revolving credit arrangement and provides additional financial flexibility for its global hotel business.

WhiteHawk Minerals Closes $111.8 Million In Acquisitions And $125 Million In Equity Financings, Expands Credit Facility To $175 Million

By Amit Chowdhry ● Yesterday at 4:55 PM

WhiteHawk Minerals has completed approximately $111.8 million in acquisitions of natural gas mineral and royalty interests, supported by $125 million in equity financings. The Philadelphia-based company also increased the borrowing base under its reserve-based revolving credit facility to $175 million, which remains fully undrawn.

Tesla Semi Begins Customer Deliveries As Company Details New Factory With 50,000-Truck Annual Capacity

By Amit Chowdhry ● Yesterday at 4:44 PM

Tesla has announced that customer deliveries of its redesigned Semi electric truck are beginning, while revealing new details about its first purpose-built Semi factory, which is designed to produce 50,000 trucks annually. In a series of posts on X, the company highlighted its manufacturing capabilities, redesigned battery and drivetrain technology, charging infrastructure, and improvements intended to reduce operating costs for commercial fleet operators.

Google Prepares Project Suncatcher Satellite Launch To Test AI Chips In Space

By Amit Chowdhry ● Yesterday at 4:35 PM

Google is preparing to launch its first prototype satellite under Project Suncatcher, a long-term research initiative exploring whether artificial intelligence computing infrastructure can operate in space. The mission will test how Google's Tensor Processing Units (TPUs) perform in orbit, providing information that could eventually support the development of space-based AI data centers.

Adyen Nominates Former Klarna CFO Niclas Neglen As Chief Financial Officer, Effective February 2027

By Amit Chowdhry ● Yesterday at 2:32 PM

Adyen, an Amsterdam-based global financial technology company, has nominated Niclas Neglen as Chief Financial Officer and a member of its statutory Management Board, effective February 1, 2027. Neglen joins from Klarna, where he served as CFO, bringing experience in financial management, corporate transformation, and international financial services.

Pentair Appoints Former Fiserv CFO Bob Hau As Executive Vice President And Chief Financial Officer

By Amit Chowdhry ● Yesterday at 2:31 PM

Pentair, a global provider of water management and treatment solutions, has appointed Bob Hau as Executive Vice President and Chief Financial Officer, effective November 1, 2026. Hau brings more than 16 years of experience as CFO of publicly traded companies, including Fiserv, TE Connectivity, and Lennox International.

Ethyca Appoints Former Obama White House Technology Policy Leader Daniel Weitzner As Chief Strategy Officer

By Amit Chowdhry ● Yesterday at 2:22 PM

Ethyca, a New York-based data governance and privacy technology company, has appointed Daniel J. Weitzner as Chief Strategy Officer, adding an executive with approximately three decades of experience in internet policy, privacy, and information accountability. The appointment expands Weitzner's relationship with Ethyca from board member to full-time executive as the company develops its AI governance platform.

Modern Wealth Acquires $290 Million Firm AWA As Assets Approach $16 Billion In AUM

By Amit Chowdhry ● Yesterday at 2:19 PM

Modern Wealth Management has acquired AWA Wealth Management, an Auburn, California-based registered investment advisory firm overseeing approximately $290 million in client assets. The acquisition expands Modern Wealth's presence in California and gives AWA additional resources for client services, advisor development, and long-term succession planning.

Corient Acquires $2.6 Billion Firm FortCay Family Office Advisory, Expanding Into Cayman Islands

By Amit Chowdhry ● Yesterday at 2:17 PM

Corient, a global wealth management and multi-family office firm, has acquired FortCay Family Advisory, a Cayman Islands-based wealth manager serving 14 ultra-high-net-worth families with approximately $2.6 billion in client assets. The transaction establishes Corient's presence in the Cayman Islands and expands its ability to provide wealth management and family office services to clients with complex international financial requirements.