Author: Charlotte

Acquisition Expected to be EBITDA Accretive and Expand T1’s Commercial Reach into Battery Energy Storage Systems DevelopmentAUSTIN, Texas and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) announced this morning it has entered into a definitive agreement to acquire KORE Power, Inc., an established engineering-focused BESS (Battery Energy Storage Systems) and software solutions provider supporting industrial hyperscaler development. The purchase enterprise value consists of approximately $32 million of equity, cash, and assumption of debt at anticipated closing in Q2 2026. The transaction is expected to provide T1 with an…

The Federal Reserve’s top banking regulator just told Congress something the crypto industry has been waiting years to hear: tokenized securities should get the same capital treatment as their traditional counterparts, and stablecoin issuers need a clear regulatory path forward. Vice Chair for Supervision Michelle Bowman delivered testimony before the House Financial Services Committee on June 4, covering everything from community bank relief to artificial intelligence. But the sections on digital assets carried the most weight for anyone watching the intersection of traditional finance and crypto. What Bowman actually said about digital assets Bowman’s core argument on tokenized securities is…

franckreporter/iStock via Getty Images The RiverPark Long/Short Opportunity Fund ((the “Fund”)) declined 9.77% in the first quarter of 2026, compared to a decline of 4.33% for the S&P 500 Total Return Index. Markets opened the year on solid footing but turned sharply volatile as the quarter progressed. The dominant macro shock was the escalation of the conflict with Iran, which intensified in late February and culminated in Iran’s closure of the Strait of Hormuz in early March, a waterway through which roughly 20% of global maritime petroleum trade is shipped. Brent crude surged above $100 per barrel for the first…

Pierre Poilievre popped up before reporters who were waiting outside a cabinet meeting on Tuesday and in the span of 10 minutes the Conservative leader managed to use the word “recession” more than two dozen times.”Mr. Trump’s policies are affecting all G7 countries, and none of them are in recession. Mexico shares a border with the United States. Mexico is not in recession. Only Canada, under Mark Carney’s Liberal policies, is in a recession,” Poilievre responded when one reporter asked whether voters might blame Donald Trump for the recent weakness in Canada’s GDP. “France is not in a recession. The U.K.…

Wellington Management has agreed to acquire Hartford Insurance Group’s mutual fund division, Hartford Funds. The transaction will fold Hartford Funds into Wellington’s U.S. Wealth business, subject to regulatory approval. This deal marks a major shift in how NYSE:HIG is positioned in asset management and wealth services. For you as an investor, this move matters because Hartford Insurance Group has long combined its core insurance operations with a presence in mutual funds. The planned sale of Hartford Funds to Wellington comes at a time when asset managers are seeing pressure on fees, product shelf space, and distribution, with many firms reassessing…

News that Partners Group is limiting redemptions on an $8.6 billion evergreen private equity fund sent share prices tumbling Wednesday amid fears that the problems plaguing private credit could be spreading to other asset classes. The Swiss investment manager said it was limiting the amount investors could redeem from Partners Group Global Value SICAV to 5% of the fund’s net asset value, after receiving requests exceeding that limit during Q2. The fund is one of the oldest PE vehicles targeted at wealthy individual investors. The firm said in a statement that it sees redemption limits as “indispensable” to meeting the…

File Photo (Image Credit: CFJC Today) By James Peters Real Estate Sector Jun 3, 2026 | 4:18 PM KAMLOOPS — Sales activity in the Kamloops real estate market sprang forward during the month of May.The Association of Interior Realtors (AIR) released month-end numbers for May 2026 on Wednesday (June 3).They show 250 residential units sold last month, up from 217 in April and up more than 7 per cent compared to the same month in 2025.New listings were down slightly, from 544 in April to 525 in May. Even so, active listings were up to 1,380 at the end of…

Paybis said about 98%% of the stablecoin payout volume on its platform from January through April this year came from corporate clients. Paybis said global stablecoin payment volume totaled about $390 billion, with roughly 60%% generated by business-to-business transactions. According to DefiLlama, the global stablecoin market capitalization stands at about $319.5 billion, with Tether (USDT) and USD Coin (USDC) holding large market shares. Forecast Trend Report by PeriodSee more mid- to long-term trend analysisPhoto: Shutterstock Stablecoins are moving beyond retail investors and becoming a core payment tool for business-to-business transactions, according to a report. Cointelegraph reported on June 3 that…

Megaport Storage enables enterprises to run data-intensive workloads on dedicated software-defined infrastructure with cloud-like agility and predictable costs. BRISBANE, Australia, June 03, 2026–(BUSINESS WIRE)–Megaport Limited (ASX: MP1) (“Megaport”), a leading global automated infrastructure platform, today announced the launch of Megaport Storage, expanding its platform to deliver integrated compute, network, and storage services. Megaport Storage integrates high-performance, enterprise cloud storage directly into the Megaport Network and Latitude.sh compute platform, giving enterprises a unified foundation that covers the three key pillars of IT infrastructure: compute, network, and storage. The launch marks a culminating step in Megaport’s evolution, delivering predictable costs, seamless scalability,…

Ondas Inc stocks have been trading down by -12.96 percent amid sharply negative sentiment over its deteriorating financial outlook. Live Update At 11:32:01 EDT: On Wednesday, June 03, 2026 Ondas Inc stock [NASDAQ: ONDS] is trending down by -12.96%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below. Quick Financial Overview Ondas Holdings, trading under the ticker ONDS, has been acting like a momentum rocket on the chart, but the financials tell a more complex story. Recent daily data show ONDS ripping from the high‑$8s and low‑$9s in mid‑May up into…