Category: Business News

GEO Group Q2 2026 slides: revenue surges 15%, detention demand drives growth

Wall Street expects Airbnb to post second-quarter revenue growth of about 16%, with consensus estimates pointing to revenue of approximately $3.58 billion

Honeywell Aerospace shares dropped significantly after supply-chain problems impacted sales targets. The company lowered its annual sales growth outlook for 2026 significantly. Analysts expressed concern over the reduced growth forecast compared to sector strength.

Europe’s forests lose 46% more biomass as drought and beetles spread

A Chicago homeowner has sued the US government, alleging Customs and Border Protection officers entered his property without a warrant during an immigration operation in 2025. The lawsuit claims officers damaged his home, ignored requests to leave and violated his constitutional rights. The Department of Homeland Security says its officers acted within legal authority.

Founded in 2016, Wakefit initially focused on sleep-related products such as mattresses, pillows, and bed frames before expanding to a broader home portfolio including sofas, dining sets, wardrobes, study tables, and bookshelves.

The Gurugram-based company reported revenue from operations of Rs 356.75 crore in the first quarter of FY27, up from Rs 316.05 crore a year earlier. Profit after tax rose to Rs 34.24 crore, compared with Rs 18.94 crore in the corresponding quarter last year, while gross transaction value (GTV) increased 19% on-year to Rs 5,524.33…

Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency…

“We have begun FY27, the second year of our five-year plan—on a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging early signal,” said Satish Mehta, Managing Director and CEO Emcure Pharmaceuticals.

Dabur says it has submitted a revised response to the USFDA outlining corrective measures to resolve the issues identified during the inspection.