The Fort Worth Press

US car market expected to moderate in 2026

Auto industry experts expect US car sales to moderate in 2026 after last year's churn of trade announcements and environmental policy changes spurred increased sales.

Strasbourg face pitfalls of multi-club system as Chelsea take Rosenior

The departure of Strasbourg coach Liam Rosenior to take over as Chelsea manager has exposed the harsh realities of multi-club ownership, which is gaining ground across the world but causing discord between supporters and teams.

Nvidia CEO praises robots as 'AI immigrants'

Nvidia chief executive Jensen Huang described robots as "AI immigrants" on Tuesday, arguing they could solve a global labor shortage that is hampering manufacturing.

De Rito Partners Development Inc. Announces Future Development of the Automall at Halo Vista

Automall at Halo Vista is located in one of the fastest-growing regions

Magnifi Financial Partners with Greenlight(R) to Help Parents Raise Financially Smart Kids and Teens

Magnifi is proud to be the first credit union in the Midwest to offer this innovative solution integrated into its digital banking experience through Q2's Accelerator program.

Dude, Where's My Weed? (Relax - SMX Knows)

NEW YORK, NY / ACCESS Newswire / January 7, 2026 / Cannabis has officially grown up. Somewhere between legalization and lab testing, weed went from "don't ask questions" to "please submit your documentation in triplicate." And yet, tracking it all has remained surprisingly messy.

Michael P. McCarthy Named Principal at Sterling Organization

Mr. McCarthy has been an integral member of the team at Sterling since joining the firm 20 years ago. He most recently served as Senior Managing Director of Fund Management and Analytics.

Stagwell Aligns Media and Commerce Companies under Global Chair Slavi Samardzija

Samardzija to serve in this new role while continuing role of Stagwell's Chief Data and Platforms Officer

Pacific Avenue Capital Partners Closes Sale of Emerald Textiles to PureStar Linen Group

LOS ANGELES, CA / ACCESS Newswire / January 7, 2026 / An affiliate of Pacific Avenue Capital Partners ("Pacific Avenue") is pleased to announce the sale of Emerald Textiles ("Emerald") to Purestar Linen Group ("PureStar"), a leading North American provider of outsourced laundry services to the hospitality industry.

VVater Awarded Multimillion Dollar Contract by Fortune 50 Food & Beverage Manufacturer

VVater will convert 40K gallons of contaminated water per day at U.S. facility

SPORT BEACH Levels Up: Stagwell (STGW) Announces Creation of SPORT BEACH Business Unit to Advance Sports Marketing

NEW YORK, NY AND LAS VEGAS, NV / ACCESS Newswire / January 7, 2026 / Stagwell (NASDAQ:STGW), the challenger network built to transform marketing, announced at the inaugural SPORT BEACH Tech Summit that SPORT BEACH will become its own business unit dedicated to serving as the premiere place to connect athletes, brands, and creatives through lived experiences - building communities that drive real growth.

Working Two Jobs? Clear Start Tax Warns Withholding Errors Are Creating Unexpected IRS Bills

Tax professionals say multiple income streams often lead to under-withholding, leaving workers surprised by tax balances they didn't anticipate.

MSC Industrial Supply Co. Reports Fiscal 2026 First Quarter Results

FISCAL 2026Q1 HIGHLIGHTSNet sales of $965.7 million increased 4.0% YoYOperating income of $76.2 million, or $81.2 million on an adjusted basis1Operating margin of 7.9%, or 8.4% on an adjusted basis1Diluted EPS of $0.93 vs. $0.83 in the prior fiscal year quarterAdjusted diluted EPS of $0.99 vs. $0.86 in the prior fiscal year quarter1

Equities extend record run, oil eases

Global stock markets advanced on Tuesday to fresh record highs while oil prices eased as investors tracked developments surrounding crude-rich Venezuela as well as the outlook for the global economy.

UK electric car sales hit record high in 2025: industry

All-electric vehicles accounted for nearly one quarter of new cars sold in the UK last year, a record high, industry data showed Tuesday, as Britain phases out combustion engines.

EV sales rebound in Germany as Chinese brands make inroads

Electric vehicle sales rebounded strongly in Germany in 2025, official data showed Tuesday, with Chinese manufacturers making inroads from a low base in the EU's largest economy despite tariffs.

Taylor's endorsement prompts Swift sell-out for Sancerre wine

A French wine maker has hailed the impact of his Sancerre appearing in Taylor Swift's latest documentary which looks set to deepen America's love affair with the famed Loire appellation.

Markets extend global rally amid optimistic outlook, oil dips

Most Asian markets rose Tuesday, tracking the year's first record on Wall Street as investors racked up AI-linked tech bets, while oil prices steadied after whipsawing following the ouster of Venezuelan President Nicolas Maduro.

Nestle recalls infant formula in several European countries

Swiss food giant Nestle announced on Monday a recall of batches of infant formula in several European countries, notably France, Germany, Austria, Denmark, Italy and Sweden, as a precautionary measure.

Uber shows off its robotaxi heading for San Francisco

Uber on Monday unveiled a custom robotaxi it is adding to its global ride-share platform, starting on the San Francisco home turf it shares with rival Waymo, owned by Google.

TV makers tout AI upgrades at CES, as smartphone threat looms

A century after Scottish inventor John Logie Baird demonstrated the first mechanical television system, TVs face mounting competition from a much more recent invention: smartphones.

Gladstone Land Corporation Announces Redemption of all Outstanding Shares of Its Series D Preferred Stock

MCLEAN, VA / ACCESS Newswire / January 6, 2026 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced the redemption of all of the outstanding shares of its 5.00% Series D Cumulative Term Preferred Stock, par value $0.001 per share (the "Series D Preferred Stock"). A notice of redemption will be sent to all registered holders of Series D Preferred Stock, with a redemption date of January 30, 2026. The Series D Preferred Stock will be redeemed at a price equal to $25.100695 per share, representing the payment of the liquidation preference of $25.00, plus an amount equal to accrued and unpaid dividends to but excluding January 30, 2026 in the amount of $0.100695 per share.

Your Lunch Wrap Knows Things (And SMX Gave It a Memory)

NEW YORK CITY, NEW YORK / ACCESS Newswire / January 6, 2026 / What if your sandwich wrap could talk? Not in a horror-movie way - more like, "FYI, I was recycled, FDA-compliant, and I've been places."

Allison Worldwide and Stagwell (STGW) Bolster Communications and Healthcare Capabilities in Naming Wendy Lund as Global CEO, Allison and Stagwell's Vice Chair of Health

NEW YORK CITY, NEW YORK / ACCESS Newswire / January 6, 2026 / Allison Worldwide and Stagwell (NASDAQ:STGW) are turbocharging their global communications capabilities and positioning for growth in healthcare with the appointment of industry veteran Wendy Lund as Global Chief Executive Officer, Allison Worldwide and Stagwell's new Vice Chair of Health.

Affiliate of Pacific Avenue Capital Partners, Alongside Cameron Ashley Building Products, Acquires Therm-All

LOS ANGELES, CA / ACCESS Newswire / January 6, 2026 / Pacific Avenue Capital Partners ("Pacific Avenue"), a leading global private equity firm focused on corporate carve-outs and other complex situations in the middle market, announced today that an affiliate of Pacific Avenue, alongside Cameron Ashley Building Products, has acquired Therm-All from Incline Equity Partners. Therm-All is a fabricator and distributor of metal building insulation and related products serving commercial and industrial end markets. Headquartered in Westlake, Ohio and with thirteen strategic locations nationwide, the Company is one of the largest metal building insulation providers in the United States. Therm-All's consultative sales approach, energy code expertise, and targeted product offering differentiate the Company and position it as a value-add partner to more than 2,000 customers.

Kensington's KHPI ETF Surpasses $250 Million in Assets

Milestone Highlights Advisor Demand for Risk-Aware Income Strategies

Toppling of Venezuela's Maduro stirs fear in Cubans

Cubans weary from years of economic crisis, shortages of basic supplies and regular power blackouts, fear the US attack on Venezuela, a leftist ideological ally and its main oil supplier, will see life get even tougher.

Lower demand for electric cars dents GM's sales

General Motors reported a dip in fourth-quarter US auto sales Monday, reflecting a sharp decline in electric vehicle transactions amid a broader slowing car market.

'Remove her clothes': Global backlash over Grok sexualized images

Elon Musk's AI tool Grok faced growing international backlash Monday for generating sexualized deepfakes of women and minors, with the European Union joining the condemnation and Britain warning of an investigation.

83 still in hospital after Swiss fire tragedy

The majority of those wounded in the devastating New Year bar blaze in Crans-Montana were still in hospital on Monday, as the bodies of five Italian teenagers were repatriated from Switzerland.

EU hopes to sign Mercosur trade deal soon

The European Union on Monday said it hoped to sign a long-delayed trade deal with South American bloc Mercosur "soon", pointing to progress towards approval by the bloc's member states.

Tech firms lead Asian markets higher, oil swings after Maduro ouster

Asian stocks rose Monday on the back of a fresh rally in tech firms and oil fluctuated as investors weighed the impact of the US ouster of Venezuelan leader Nicolas Maduro.

The Fort Worth Press - Economy (English)

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