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Eliminate jobs tax for workers to compete with AI, says Sunak

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Eliminate jobs tax for workers to compete with AI, says Sunak

The former prime minister said graduates’ concerns about getting entry-level jobs are justified.

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Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

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Xanadu Quantum Stock Explodes 54% on Nvidia AI Models as

NEW YORK — Fermi Inc. shares climbed sharply in early trading Wednesday, rising 13.14 percent to $5.72 as investors appeared to shake off recent volatility tied to a high-profile CEO departure and betting on the company’s ambitious plans to deliver gigawatt-scale power for artificial intelligence data centers.

Fermi Inc Stock Jumps 13% Amid AI Power Play and
Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

The Nasdaq-listed stock (FRMI) gained 66 cents by 10:42 a.m. EDT on above-average volume, marking a partial rebound after Monday’s steep decline following news of leadership changes at the specialized real estate investment trust focused on energy infrastructure for hyperscale computing.

Fermi Inc., operating as Fermi America, develops private power campuses designed to supply behind-the-meter electricity directly to AI-centric customers, bypassing strained public grids. Its flagship Project Matador envisions an 11-gigawatt “HyperGrid” campus on more than 5,200 acres near Amarillo, Texas, combining data center facilities with on-site generation from natural gas, solar and planned nuclear units.

The company positions itself at the intersection of two explosive trends: surging electricity demand from AI training and inference workloads and chronic delays in traditional grid interconnections. By building dedicated power infrastructure, Fermi aims to offer tenants reliable, redundant energy faster than competitors reliant on utility-scale transmission queues that can stretch years.

Recent volatility stems from a leadership transition. On or around April 20, the company announced that CEO Toby Neugebauer had stepped down immediately, with the CFO also departing. The moves rattled traders, sending shares down more than 13 percent that day and contributing to broader uncertainty around execution of Project Matador. Short seller commentary, including critiques labeling the venture “not a field of AI dreams,” added pressure in recent sessions.

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Despite the turbulence, some analysts and momentum investors see the dip as a buying opportunity. Fermi’s core thesis remains intact: U.S. data center capacity constraints and power shortages could drive hyperscalers toward behind-the-meter solutions. The company has highlighted partnerships, including advanced discussions with Hyundai Engineering & Construction for nuclear technology, and progress on permitting and front-end engineering design for AP1000 reactors.

Fermi went public in late 2025 via an IPO structured as a REIT, allowing tax-efficient operations while focusing on long-term leases for power and computing space. The REIT structure appeals to income-oriented investors but has drawn scrutiny over whether the company qualifies given its heavy development focus and limited current revenue.

Project Matador remains the centerpiece. Fermi has spoken of bringing the first gigawatt online by the end of 2026, with ambitions to scale to 11 GW or more. Executives have emphasized “HyperRedundant” power delivery — combining multiple generation sources for uptime critical to AI operations that cannot tolerate outages. The campus model includes land acquisition, permitting, construction and leasing to major tech tenants seeking to avoid public grid bottlenecks.

Financially, Fermi is still in the heavy investment phase. The company has reported net losses as it funds development, permitting and early construction. Recent secured financing facilities, including a $156 million committed facility announced in early April and earlier turbine equipment deals, provide runway but also raise dilution concerns if additional equity raises follow.

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Analysts remain divided. Some maintain bullish price targets well above current levels, citing massive addressable demand from AI growth and Fermi’s first-mover advantage in private power campuses. Others have lowered targets or expressed caution over execution risks, lack of signed major tenant contracts to date, regulatory hurdles for nuclear components and competition from established data center REITs and utility-backed projects.

The stock’s journey has been dramatic since going public. Shares experienced sharp swings, hitting new 52-week lows in early April before rebounding on AI sector momentum and then pulling back again on leadership news. Wednesday’s 13 percent gain suggests some traders are looking past the near-term noise toward longer-term potential in the AI power infrastructure theme.

Fermi’s board and interim leadership have not yet detailed a permanent CEO search, but the company continues to push forward on strategic initiatives. Recent updates have included progress on clean air permitting in Texas and deepened nuclear collaboration talks. The involvement of high-profile figures, including former Energy Secretary Rick Perry on the board in earlier stages, lent credibility to the nuclear angle, though the company has since emphasized a hybrid generation approach.

Broader market context supports selective buying in AI-adjacent names. While major indices trade modestly higher Wednesday, stocks tied to data center infrastructure and energy have shown sporadic strength as investors weigh the massive electricity needs of next-generation AI models.

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For Fermi, the path forward hinges on several milestones: securing anchor tenants for Project Matador, advancing nuclear or gas generation timelines, maintaining financing discipline and navigating regulatory processes in Texas. Success could validate the private power campus model and deliver substantial upside; delays or cost overruns could pressure the stock further given its already volatile history.

Retail investor interest has been notable, with social media and trading forums frequently discussing FRMI alongside other small-cap AI infrastructure plays. High short interest and elevated options activity have amplified swings, creating opportunities for nimble traders but also significant risk for those chasing momentum without regard to fundamentals.

As the morning session continued, Fermi shares held most of their gains, though volatility remained elevated. The upcoming earnings cycle and any fresh updates on Project Matador or leadership will likely dictate the next leg of movement.

Fermi Inc. represents a high-risk, high-reward bet on the infrastructure layer supporting the AI boom. While recent leadership changes have introduced uncertainty, the underlying demand for reliable, scalable power for data centers continues to grow. Whether the company can execute on its ambitious Texas vision will determine if today’s rebound marks the start of sustained recovery or another chapter in its volatile trading story.

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New Zealand’s economic recovery delayed but not derailed, finance minister says

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New Zealand’s economic recovery delayed but not derailed, finance minister says


New Zealand’s economic recovery delayed but not derailed, finance minister says

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RFK Jr. says he would support a potential ban on junk food TV ads

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RFK Jr. says he would support a potential ban on junk food TV ads

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gestures as he speaks during an event at the Roosevelt Room of the White House in Washington, D.C., U.S., Dec. 19, 2025.

Evelyn Hockstein | Reuters

Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday said he would support a potential ban on junk food TV advertisements in the U.S. – an effort that would likely draw fierce backlash from major food manufacturers. 

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Speaking at a Senate Health, Education, Labor, and Pensions (HELP) Committee hearing, ranking member Sen. Bernie Sanders, I-Vt., said President Donald Trump’s nominee for surgeon general, Casey Means, had recently told the panel she supports banning junk food ads on TV. 

When asked whether he agrees with a ban, Kennedy said, “I would support that.”

But Kennedy also appeared to imply that he would want the effort to be voluntary for food companies. 

“The only hesitation I have was … we tried to do a smoking ban on TV, and the tobacco companies voluntarily came to the table, which was a good thing,” he said. “And I think the same arguments apply for junk food, [which is] probably even worse for Americans than smoking.”

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Food, beverage and restaurant companies spend almost $14 billion per year on food ads in the U.S., with more than 80% promoting fast food, sugary drinks, candy, and unhealthy snacks, 2017 research from the University of Connecticut’s Rudd Center for Food Policy and Health shows. It is not clear how trends have changed in the years since.

The Trump administration is already exploring whether to limit food companies’ ability to market certain unhealthy foods to children, according to a “Make America Healthy Again” strategy document released by the White House in September. 

HHS, the Federal Trade Commission and other agencies will consider establishing food industry guidelines on marketing to children, “including the evaluation of misleading claims and imagery,” the document said. 

Two decades ago, the food industry launched The Children’s Food and Beverage Advertising Initiative as a commitment to only advertise products that met certain nutrition parameters to kids under the age of 12. But the initiative is voluntary, and children still view about 1,000 television commercials annually for unhealthy food and drinks, according to a study from the University of Illinois Chicago from 2024.

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Kennedy’s testimony before the HELP committee is the last in a string of congressional hearings for him over the past two weeks around the proposed HHS budget for fiscal year 2027.

Means, during her Senate confirmation hearing in February, had stated she would “absolutely lend” her voice to support a ban on television advertisements for junk food aimed at children. 

— CNBC’s Amelia Lucas contributed to this report

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SL Green Realty: Dividend Cut And Record Leasing Fuel Their Potential Recovery

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SL Green Realty: Dividend Cut And Record Leasing Fuel Their Potential Recovery

SL Green Realty: Dividend Cut And Record Leasing Fuel Their Potential Recovery

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10 Fun Facts About the Earth that You Didn’t Know

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David Gross

Here are 10 fun facts about Earth that many people still don’t know, even as the planet marks another Earth Day on April 22, 2026. These surprising details highlight our home’s unique quirks, hidden extremes and ongoing mysteries revealed by recent science.

10 Fun Facts About the Earth that You Didn't Know
10 Fun Facts About the Earth that You Didn’t Know

1. Earth is not a perfect sphere — it’s an oblate spheroid that bulges at the equator. Due to its rapid rotation, Earth’s diameter at the equator is about 27 miles (43 kilometers) wider than from pole to pole. This equatorial bulge, combined with surface features like mountains and ocean trenches, means our planet is technically the smoothest object in the solar system when scaled to the size of a billiard ball, yet still deviates from a true sphere.

2. The longest mountain range on Earth is underwater. The Mid-Ocean Ridge system stretches roughly 40,000 to 50,000 miles (65,000 to 80,000 kilometers) across the ocean floors, far longer than the Andes or Himalayas. This volcanic chain forms where tectonic plates pull apart, creating new seafloor and driving the planet’s constant geological renewal.

3. More than 97 percent of Earth’s water is in the oceans, and much of it remains unexplored. Scientists estimate we have mapped and explored only about 25 percent of the ocean floor in high resolution. Recent discoveries include subsea lakes on the seafloor and thriving ecosystems in extreme depths, reminding us that our “blue planet” still holds vast unknowns beneath the waves.

4. Earth’s core is nearly as hot as the surface of the Sun. Temperatures at the inner core reach around 10,800 degrees Fahrenheit (6,000 degrees Celsius), comparable to the Sun’s photosphere. This intense heat, combined with immense pressure, keeps the outer core liquid and generates the magnetic field that shields us from harmful solar radiation.

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5. The Moon is drifting away from Earth at about 1.5 inches (3.8 centimeters) per year. Tidal forces cause this gradual separation. In the distant future, this will lengthen Earth’s days, but for now it contributes to stabilizing our planet’s axial tilt, which helps maintain relatively stable seasons essential for life.

6. Earth once may have been dominated by purple rather than green life. Ancient microbes called retinal-based phototrophs likely used a purple pigment for photosynthesis before chlorophyll-based plants took over. Some scientists suggest early Earth landscapes could have appeared violet or reddish from space, a stark contrast to today’s green-dominated view.

7. Trees communicate through an underground fungal network known as the “Wood Wide Web.” Mycorrhizal fungi connect tree roots, allowing them to share nutrients, water and even warning signals about pests or drought. This symbiotic system helps forests function like a cooperative community, with older “mother trees” often supporting younger ones.

8. Gravity is slightly weaker in certain spots, such as parts of Hudson Bay in Canada. Post-glacial rebound and varying density in Earth’s crust create measurable gravity anomalies. In Hudson Bay, the force of gravity is lower than average, a subtle reminder that our planet’s interior remains dynamic millions of years after the last ice age.

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9. Earth is the only planet in our solar system not named after a Roman or Greek god. Its name derives from Old English and Germanic words meaning “ground” or “soil.” While every other planet honors deities, Earth stands apart, reflecting humanity’s direct, grounded connection to the world beneath our feet.

10. The planet’s magnetic poles are on the move, with the north magnetic pole drifting westward at an accelerating pace. Recent observations show the magnetic north pole shifting faster than in previous decades, influenced by changes deep in the liquid outer core. This movement affects navigation systems and highlights the dynamic, ever-changing nature of Earth’s protective magnetic shield.

These facts only scratch the surface of what makes Earth extraordinary. From its imperfect shape and hidden underwater wonders to its internal heat engine and biological networks, our planet continues to surprise scientists with new revelations. As 2026 research advances our understanding of ancient rocks, ocean depths and core dynamics, one truth remains clear: Earth is a living, breathing world full of marvels waiting to be appreciated and protected.

On this Earth Day, these lesser-known details serve as a reminder of the planet’s complexity and fragility. Whether through small personal actions or larger collective efforts, humans have the power to safeguard the only home we know — a blue marble hurtling through space at 67,000 miles per hour, carrying billions of interconnected lives.

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Nancy Guthrie Kidnapping Probe Stalls at Day 81 as FBI Analyzes DNA and Sheriff Denies New Arrest Rumor

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Hartsfield-Jackson Atlanta Airport

TUCSON, Ariz. — More than 80 days after 84-year-old Nancy Guthrie was abducted from her home in the Catalina Foothills area north of Tucson, the investigation remains active but without a named suspect or identified motive, as authorities continue analyzing DNA evidence and the family maintains a $1 million reward for information leading to her safe return.

Nancy Guthrie
Nancy Guthrie

Pima County Sheriff Chris Nanos on Friday night firmly denied a viral rumor circulating on social media and news aggregator sites that a new person of interest had been detained in the case. When asked directly by a Fox News reporter whether authorities had taken anyone new into custody, Nanos responded with a single word: “Nope.” The denial came after claims spread rapidly online, drawing tens of thousands of views and adding to the intense public scrutiny surrounding the high-profile disappearance.

Guthrie, the mother of NBC’s “Today” show co-anchor Savannah Guthrie, was last known to be at her residence on the night of Jan. 31 or early Feb. 1, 2026. She had plans to watch a church service online with friends the following morning but failed to appear. When she did not show up, friends contacted her daughter Annie, who lives nearby, prompting a welfare check that revealed signs of a struggle, including drops of blood on the front porch. Authorities believe she was taken against her will in the middle of the night, possibly while in her pajamas and without shoes.

Surveillance footage released by investigators shows a masked, armed individual approaching Guthrie’s doorstep on the night of the abduction. The images, which include video and still photos of the suspect wearing dark clothing and carrying a backpack, have been widely circulated but have not yet led to a positive identification. The family has described the footage as chilling, with Savannah Guthrie noting the intruder appeared to move with purpose.

The FBI has joined the Pima County Sheriff’s Department in the investigation, bringing additional resources and forensic expertise. Sources familiar with the case told ABC News that the FBI recently received and is now analyzing a potentially critical DNA sample recovered from Guthrie’s home, including a hair that was collected in February. Advanced laboratory techniques are being used to generate a profile that could be entered into databases for comparison. Gloves found about two miles from the residence also contained unknown male DNA, which investigators continue to examine.

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Early in the case, two ransom notes were sent to local media outlets demanding payment in Bitcoin. Savannah Guthrie has said her family tends to believe at least one of the notes is legitimate. A Bitcoin wallet linked to the demands showed limited activity — a small deposit on Feb. 10 with a message stating “We are ready to talk. Contact us” — but has seen no further transactions. The FBI has monitored the wallet closely but has not made any payments, consistent with standard policy in such cases.

No arrests have been made, and law enforcement has cleared all immediate family members, including Savannah Guthrie and her siblings, as possible suspects. Profilers consulted on the case, including former FBI behavioral analyst Ann Burgess (known for her work inspiring the “Mindhunter” series), have suggested possible motives ranging from financial gain to personal retribution linked to the family’s public profile. Some experts have noted the unusual nature of targeting an elderly woman in a relatively quiet suburban neighborhood.

The search has involved extensive ground efforts, drone surveillance and analysis of neighborhood security cameras. In recent weeks, police have returned to the Catalina Foothills neighborhood to follow up on tips, though residents have complained about amateur sleuths and true-crime vloggers trespassing and disrupting the area. Sheriff’s officials have urged the public to respect the ongoing investigation and report any credible information through official channels rather than speculating online.

Savannah Guthrie has spoken publicly about the agony of not knowing her mother’s whereabouts. In a video statement, she appealed directly for help: “Someone knows how to find our mom and bring her home.” The family has offered up to $1 million for information leading to Nancy Guthrie’s recovery, with payment criteria aligned with FBI guidelines for kidnapping cases.

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As the investigation stretches into its third month, experts note that the passage of time makes solving the case more challenging. Retired FBI supervisory special agent Lance Leising told CBS News that without meaningful new leads, momentum can fade, though the high-profile nature of the case ensures continued attention and resources. Tips continue to pour in, but authorities stress the need for verified, actionable information.

Guthrie, a widow whose husband Charles died in 1988, was known in her community as an active participant in local church activities and social gatherings. Her sudden disappearance from a home she had lived in for years has shaken neighbors and highlighted vulnerabilities for elderly residents living alone.

The case has drawn national and international attention, in part because of Savannah Guthrie’s prominent role on morning television. The “Today” show host has balanced her professional duties with private family concerns, occasionally sharing emotional updates while urging patience and respect for the investigative process.

Pima County authorities have emphasized that the case remains a top priority. They continue to review surveillance footage, examine digital evidence and pursue forensic leads. Bluetooth data from Guthrie’s pacemaker reportedly disconnected around 2:30 a.m., suggesting the abduction occurred in the early morning hours when she was most vulnerable.

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As of April 22, 2026, Nancy Guthrie has been missing for approximately 81 days. No new public press conferences have been scheduled in recent weeks, but officials say the investigation is ongoing with no leads ruled out. The family continues to hope for her safe return while cooperating fully with law enforcement.

Anyone with information is urged to contact the FBI at 1-800-CALL-FBI or the Pima County Sheriff’s Department. Tips can remain anonymous. The $1 million reward is available for information that leads to Nancy Guthrie’s recovery, subject to FBI criteria.

The prolonged uncertainty has taken an emotional toll on the Guthrie family and the broader community. As the search enters its third month, the focus remains on following every scientific and investigative avenue — from advanced DNA analysis to public appeals — in the hope of bringing Nancy Guthrie home.

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Seattle could lose $750M as Starbucks expands in Tennessee, adds 2,000 jobs

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Seattle could lose $750M as Starbucks expands in Tennessee, adds 2,000 jobs

Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates.  

Fox 13 Seattle reported Tuesday that the Emerald City “could lose up to $750 million in tax revenue in the coming years as Starbucks expands in Tennessee instead of Washington.”

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In a press release Tuesday, Starbucks announced it will invest $100 million and bring 2,000 new jobs to Nashville. 

WASHINGTON BUSINESS OWNERS FEAR SOCIALIST ‘MILLIONAIRES TAX’ IS DRIVING BUSINESSES OUT — AND THEY’RE NEXT

Starbucks barista makes a drink

A worker at a Starbucks coffee shop makes a drink at the Detroit Metro Airport in Michigan. (Jim West/UCG/Universal Images Group via Getty Images / Getty Images)

“Starbucks has major plans for its newest business location, where it will employ up to 2,000 people over the next several years to serve in a variety of corporate-related operations,” the announcement said.

“The Nashville office will directly support continued coffeehouse expansion and rising customer demand, particularly in the southeastern U.S., while working closely with the company’s global headquarters in Seattle.” 

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Tennessee Gov. Bill Lee welcomed the announcement Tuesday, writing in a post on X, “​​Great to welcome @Starbucks’ continued investment in TN as it establishes its new Southeastern hub in Music City. 

“This iconic global company’s $100 million investment — a testament to our strong economy & unmatched workforce — will create 2,000 new jobs for Tennesseans.” 

Fox 13 Seattle called Lee’s attitude “sharply different from Seattle Mayor Katie Wilson when she encouraged a crowd to boycott the company shortly after she was elected mayor,” noting that Wilson’s remarks were given to a crowd during a Starbucks union workers rally in November.

“I am not buying Starbucks, and you should not too,” Wilson said.

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AS SOCIALIST MAYOR BATTLES ICE, SEATTLE POLICE AND CRIME VICTIMS SAY REPEAT OFFENDERS ARE TERRORIZING THE CITY

A closed Starbucks location in Seattle

A closed Starbucks location at 505 Union Station as demonstrators protest nearby in Seattle July 16, 2022. (David Ryder/Bloomberg via Getty Images / Getty Images)

In a statement to Fox 13 Seattle, Wilson said, “Starbucks is a core part of Seattle’s identity. We’re proud to be home to its first store, its headquarters and so many of the workers who make the company what it is. We’re focused on maintaining a strong partnership with leadership and with employees, so Starbucks continues to succeed in the city where it all began.”

The Tax Foundation ranked Washington state sixth overall in the nation for doing business in its 2014 State Business Tax Climate Index. 

In 2026, the Tax Foundation ranked the state as 45th overall

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In March, Washington state Democrats passed the “millionaires tax,” which Democratic Gov. Bob Ferguson signed March 30. 

WILL SOCIALISM SAVE SEATTLE? CITY ADVOCATES STRUGGLE TO FIND SOLUTIONS AS HOMELESS, DRUG ADDICTS FLOOD STREETS

Starbucks workers attend a rally as part of a collective action

Starbucks employee Charlie Grandos leads a rally as part of a collective action over a Pride decor dispute outside the Starbucks Reserve Roastery in Seattle June 23, 2023.  (Reuters/Matt Mills McKnight / Reuters Photos)

The “millionaires tax” is the state’s first-ever income tax, supported by progressives and socialists and opposed by conservatives. The Wall Street Journal editorial board called it a “con” after its passage that will “inevitably capture the middle class.”

It will impose a 9.9% income tax on households earning more than $1 million each year. The tax applies to any money earned after the first $1 million of someone’s annual income. It will take effect Jan. 1, 2028, with the first payments due in April 2029, KOMO News reported

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The Seattle skyline as seen at dusk.

The Seattle skyline (Juan Mabromata/AFP via Getty Images / Getty Images)

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

Fox News Digital reached out to Starbucks and Wilson for comment but did not immediately receive responses. 

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Redwire Stock Surges 11% as New NFL Drone Partnership Fuels Defense and Space Momentum

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Xanadu Quantum Stock Explodes 54% on Nvidia AI Models as

NEW YORK — Redwire Corp. shares jumped sharply in morning trading Wednesday, rising 11.36 percent to $11.46 as investors reacted positively to the company’s announcement of a multi-year marketing partnership with the Washington Commanders NFL team to highlight military appreciation and drone technology.

The New York Stock Exchange-listed stock (RDW) gained $1.17 by 11:10 a.m. EDT on elevated volume, continuing a pattern of strong moves tied to Redwire’s expanding footprint in defense, unmanned systems and space infrastructure. The partnership positions Redwire as the “Proud Drone Technology Partner” of the Commanders, focusing on community events and programs honoring U.S. service members, veterans and their families.

Redwire Corporation, a global leader in space infrastructure and defense technology, develops advanced components and systems for satellites, spacecraft, uncrewed aerial vehicles and mission-critical applications. The company has built a diverse portfolio through organic growth and strategic acquisitions, including Edge Autonomy, which has strengthened its unmanned systems capabilities.

The Commanders partnership, announced early Wednesday, underscores Redwire’s growing emphasis on public engagement and brand visibility in the defense sector. While not a direct revenue contract, the deal aligns with Redwire’s broader strategy of showcasing its drone and autonomous systems technology while supporting military communities. The timing coincides with a series of recent contract wins that have bolstered investor confidence in the company’s 2026 growth trajectory.

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Just last week, Redwire secured more than $20 million in follow-on orders from the U.S. Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office for its Stalker UAS advanced navigation and standard systems. These orders highlight demand for reliable, production-ready unmanned platforms in tactical environments.

Redwire has also expanded internationally. On April 7, the company announced the opening of a new office in the United Kingdom to better support programs for the UK Ministry of Defence. The move strengthens Redwire’s European presence and positions it for additional defense opportunities across NATO allies.

Earlier in April, Redwire won a contract to deliver a quantum-secure spacecraft for the European Space Agency’s QKDSat program under the ARTES Partnership Projects. The company will provide its Hammerhead spacecraft platform and ADPMS-3 avionics suite as part of a Honeywell-led consortium, advancing quantum key distribution technology for secure satellite communications.

These wins build on a robust 2025 performance. Redwire reported full-year revenue of approximately $335 million, up more than 10 percent, with a fourth-quarter surge of 56 percent driven by defense and space contracts. The company ended the year with a record backlog of $411 million and a book-to-bill ratio above 1.3, providing visibility into 2026 growth. Analysts project 2026 revenue between $450 million and $500 million, supported by production ramps and new programs.

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Redwire’s technology portfolio spans multiple high-growth areas. In space, it supplies solar arrays, cameras, sensors and docking systems for NASA’s Artemis program, including contributions to the Orion spacecraft for Artemis II — the first crewed flight of the program. The company also develops very low Earth orbit platforms and quantum-secure satellites.

On the defense side, Redwire’s Edge Autonomy division delivers uncrewed aerial systems for intelligence, surveillance and reconnaissance missions. The Stalker UAS orders reflect increasing adoption of these platforms by U.S. forces. Redwire has additionally secured positions in larger programs, including the Missile Defense Agency’s $151 billion SHIELD IDIQ contract for homeland defense solutions.

Despite the positive momentum, Redwire faces typical challenges of a growth-oriented aerospace and defense firm. The company has reported ongoing operating losses as it invests in scaling production and integrating acquisitions. Recent Form 144 filings have shown large share sales by affiliated holders, including AE Red Holdings and Edge Autonomy entities, which contributed to periodic selling pressure.

Analysts maintain a generally bullish outlook. Consensus price targets hover around $13 to $14, implying meaningful upside from current levels, with a Buy rating from most covering firms. The investment thesis centers on Redwire’s role as a “picks and shovels” provider in the expanding space economy and defense modernization efforts. Increasing global demand for resilient satellite infrastructure, autonomous systems and secure communications plays directly into the company’s strengths.

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Wednesday’s stock surge reflects renewed enthusiasm for these themes. The NFL partnership adds a unique public-facing element, potentially raising Redwire’s profile among broader audiences while reinforcing its commitment to supporting the military community.

Redwire CEO Peter Cannito has emphasized the company’s transformation into a more production-focused organization capable of delivering repeatable, high-margin programs. The combination of government contracts, international expansion and innovative technologies such as quantum-secure systems positions Redwire for potential margin improvement as backlog converts to revenue.

Market reaction has been volatile but directionally positive in recent weeks. Shares have climbed significantly year-to-date, though they remain well below the 52-week high reached earlier in 2026. Elevated trading volume on positive news days suggests strong retail and institutional interest in the AI-adjacent space and defense narrative.

As Redwire prepares for its first-quarter 2026 earnings in early May, investors will watch for updates on backlog conversion, margin trends and new contract momentum. Positive execution could sustain the rally, while any delays in production ramps or integration challenges could introduce renewed volatility.

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For now, the 11 percent gain on the Commanders partnership news highlights Wall Street’s appetite for stories linking defense technology with national pride and community impact. Redwire’s ability to deliver on its ambitious pipeline will determine whether today’s momentum becomes a lasting re-rating or another chapter in its volatile trading history.

The company continues to navigate a dynamic environment shaped by increased defense spending expectations, growing commercial space opportunities and geopolitical tensions that elevate demand for resilient infrastructure. With a diversified technology base and expanding global footprint, Redwire appears well-placed to capitalize on these tailwinds in the years ahead.

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FIFA Releases Fresh World Cup 2026 Tickets as 50-Day Countdown Sparks Last-Minute Frenzy

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Frenchman Victor Wembanyama is one of many European stars in the NBA but the US league is now examining an expansion into Europe

ZURICH, Switzerland — With exactly 50 days until the opening whistle of the expanded 48-team FIFA World Cup 2026, soccer’s governing body unleashed a fresh wave of tickets Wednesday for all 104 matches, giving fans one more shot at securing seats in the largest tournament in the event’s history.

FIFA president Gianni Infantino pictured at the draw for the Club World Cup last week -- FIFA will confirm the hosts for the 2030 and 2034 World Cups on Wednesday
FIFA Releases Fresh World Cup 2026 Tickets as 50-Day Countdown Sparks Last-Minute Frenzy
AFP

FIFA announced the new inventory drop as part of its ongoing Last-Minute Sales Phase, which began April 1 and runs through the final on July 19. Starting at 11 a.m. ET (5 p.m. CET) on April 22, tickets across every category became available on a first-come, first-served basis via FIFA.com/tickets. Purchases are processed in real time, with immediate email confirmations for successful buyers, FIFA said.

More than 5 million tickets have already been sold for the tournament co-hosted by the United States, Canada and Mexico, FIFA reported. The 2026 edition features 104 matches over 39 days — a significant jump from the traditional 64-game format — with venues stretching from Estadio Azteca in Mexico City to MetLife Stadium in New Jersey.

The April 22 release coincides precisely with the 50-day countdown to the June 11 kickoff, when host nation Mexico faces South Africa in the tournament opener at Estadio Azteca. Additional tickets will continue to be released periodically until the end of the competition, including options available up to 20 minutes after kickoff for individual matches, subject to availability.

This latest drop offers seats for every one of the 104 fixtures, including group-stage clashes, knockout rounds and the highly anticipated final on July 19 at MetLife Stadium in East Rutherford, New Jersey. Fans can select specific seats rather than just ticket categories, a change introduced in the last-minute phase.

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The Last-Minute Sales Phase marks the fourth and final official sales window after earlier lottery-style draws and random selection periods. Unlike previous phases that required applications and waiting for results, this stage allows direct purchases as inventory becomes available. A resale and exchange marketplace also operates for fans looking to buy or sell tickets from other holders, subject to host country regulations.

Demand has been intense since ticket sales opened in 2025. Early phases included a Visa cardholder presale, general draws and a post-draw window following the December 2025 group-stage draw. Some fans reported technical glitches and long virtual queues when the last-minute phase launched April 1, while others noted rising prices for premium seats.

Category 1 tickets for the final have climbed above $10,000 in recent releases, drawing criticism from some supporters who say costs have escalated sharply. FIFA has defended the pricing, pointing to the unprecedented scale of the event and efforts to make some lower-priced options available, including supporter tickets for national teams.

The 2026 World Cup will showcase soccer across 16 host cities — 11 in the U.S., three in Mexico and two in Canada. Iconic venues include SoFi Stadium in Los Angeles, AT&T Stadium in Arlington, Texas, and BC Place in Vancouver. The expanded format features 12 groups of four teams, with the top two from each group plus the eight best third-place finishers advancing to a 32-team knockout stage.

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All 48 qualified teams are now known, heightening excitement as the countdown accelerates. Host nations automatically qualified, while others earned berths through grueling continental qualifiers. The presence of traditional powerhouses alongside debutants promises a mix of high-stakes drama and fresh storylines.

For fans still hunting tickets, FIFA urges regular checks of the official site, as new inventory can appear without warning. Single-match tickets are the primary product available in this phase. Buyers should ensure they purchase only through authorized channels to avoid scams or invalid tickets.

Travel logistics add another layer of planning. Fans heading to U.S. venues may benefit from the FIFA PASS system for visa appointments. Organizers have emphasized sustainable transport options and fan zones in host cities to manage the expected influx of international visitors.

The tournament arrives at a time of growing global interest in soccer, with record viewership projected for matches broadcast across dozens of languages and platforms. Broadcasters in major markets have already secured rights, promising extensive coverage from group stage to final.

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Some lower-demand matches may see more availability, while marquee fixtures — such as those involving defending champion Argentina, Brazil or European heavyweights — could sell out rapidly in this drop. Tickets for the opening match and final have been among the hottest commodities throughout sales.

FIFA has stressed that the last-minute phase provides a genuine opportunity for fans who missed earlier windows. “This is the final pathway to be part of history,” officials said in earlier announcements about the phase launch.

As teams finalize preparations and host cities put finishing touches on infrastructure, the ticket release injects fresh momentum into the pre-tournament buzz. Hotels, flights and fan experiences in cities like Miami, Toronto and Guadalajara are seeing increased bookings from supporters locking in plans.

Critics have raised concerns about affordability and accessibility, particularly for local fans in host countries. FIFA points to various ticket categories and occasional releases of more affordable seats as ways to broaden access.

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Security and ticketing technology have been upgraded following lessons from previous tournaments. Digital tickets linked to buyer accounts aim to reduce fraud and improve entry processes at stadiums.

With just 50 days remaining, anticipation is building not only for on-field action but also for the cultural celebrations surrounding the event. The 2026 World Cup is billed as a celebration of soccer’s global reach, uniting three nations in a shared hosting effort.

Fans who secure tickets in Wednesday’s drop will join what promises to be a record-setting crowd across the expanded schedule. Whether chasing a group-stage upset or a seat at the final, the latest release keeps the dream alive for thousands more supporters.

FIFA officials encouraged fans to act quickly but purchase responsibly, reminding them that additional drops will follow. The governing body also highlighted its commitment to a smooth ticketing experience as the tournament nears.

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As the clock ticks down toward June 11, the combination of new ticket availability and mounting excitement underscores why the World Cup remains the planet’s most-watched sporting event. For those still on the fence, Wednesday’s release may be the moment that turns hope into a confirmed seat in the stands.

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Grocery staple recall gets urgent warning over risk of severe illness

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Grocery staple recall gets urgent warning over risk of severe illness

A Florida produce distributor has recalled thousands of cantaloupes due to a potential risk of Salmonella contamination – and now the U.S. Food and Drug Administration (FDA) is warning of an increased risk.

The recall was first initiated last month, but the FDA upgraded it to Class I on April 20, meaning consuming the affected cantaloupe could lead to severe health consequences or death. 

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According to an FDA enforcement report updated earlier this week, Ayco Farms Inc., based in Pompano Beach, Florida, recalled 8,302 cartons of its fruit.

Although the recalled cantaloupes are no longer sold in stores, the FDA’s upgrade underscores a lingering risk: consumers who purchased the fruit earlier this year may still have it stored in their freezers, where contamination can persist.

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Cantaloupes are being recalled due to a salmonella outbreak

More than 8,000 cartons of whole cantaloupes were recalled, according to an enforcement report published by the FDA. (iStock / iStock)

The recalled fruit was sold in cardboard cartons containing between six and 12 melons wrapped in food-safe bags and distributed to retailers across California, Florida, New York and Pennsylvania.

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Ayco Farms said in a press release that the recall listed in the FDA’s enforcement report is no longer active.

“The listing reflects a previously completed, voluntary recall of fresh whole cantaloupes that were distributed between December 12, 2025, and January 16, 2026, due to ‘potential’ Salmonella contamination,” the press release reads. 

“The recall was initiated earlier this year as a precautionary measure in coordination with the U.S. Food and Drug Administration. On March 24, 2026, Ayco Farms issued formal notifications to its customers, as agreed with the U.S. Food and Drug Administration, as part of the agency’s standard recall reporting process.”

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cantaloupes cut open

According to the produce company, the affected fruit was distributed to retailers between December 12, 2025, and January 16, 2026. (Getty / Getty Images)

This recall follows a prior cantaloupe recall in 2024, when Arizona-based Eagle Produce LLC recalled 224 cases of whole cantaloupes sold under the Kandy brand, according to an FDA report at the time.

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There have been no reports of illnesses from consuming the affected cantaloupes, but the FDA warns that Salmonella can be deadly to certain age groups.

Consumers who purchased the recalled melons are encouraged to dispose of the products immediately.

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FOX Business’ Andrea Vacchiano contributed to this report.

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