Latest Corporate News News
US-Based Multinationals Exempt from Global Tax Deal
More than 145 countries agreed to update the landmark global minimum corporate tax deal, carving out exemptions for US-based multinational companies. This adjustment aims to address concerns over the original agreement's impact on American firms.
The deal stands as a significant shift in international tax policy.
Jollibee Plans US Listing for Global Business, Stock Surges
Jollibee Foods Corp. announced plans to spin off its international business and list it on a US stock exchange by late 2027 to fuel global expansion. The stock rose as much as 11.56%, the biggest jump in over five years, after hiring advisers for the move.
The spinoff separates stable Philippine operations from higher-growth international ones.
Huntington Securities and Capstone Complete Acquisition from Janney Montgomery Scott
Huntington Securities and Capstone Partners acquired three strategic business units from Janney Montgomery Scott, including middle-market investment banking firm TM Capital. This boosts Capstone's M&A advisory for private equity and expands Huntington's capital markets in fixed income, equities, and public finance.
The deal increases Capstone's staff by over 30% and enhances geographic presence in key US cities.
IRS Increases Standard Mileage Rate to 72.5 Cents per Mile for 2026
The IRS announced the business travel mileage rate rises to 72.5 cents per mile starting January 1, 2026, up from 70 cents in 2025. Rates for medical/moving (20.5 cents) and charitable (14 cents) uses were also updated.
This affects electric, hybrid, and traditional vehicles alike.
Trailblazer Merger Corp I Extends Business Combination Deadline to January 31
SPAC Trailblazer Merger Corp I extended its initial business combination deadline from December 31, 2025, to January 31, 2026, by depositing funds into its trust account. The move supports its planned merger with Cyabra Strategy Ltd., pending shareholder approval.
Shares recently gained 16.37%, trading near 52-week highs.
Momentive Software Acquires Personify to Boost Mission-Driven Tech
Momentive Software acquired Personify, a provider of association management and event software, to expand AI-powered solutions for nonprofits and associations. The deal combines client bases to serve over 37,000 organizations and 287 million members with enhanced analytics.
This marks Momentive's fourth acquisition in recent years.
STAAR Surgical Terminates Proposed Acquisition by Alcon
STAAR Surgical ended its proposed merger with Alcon after multiple delays, with the latest vote postponed to January 6, 2026. The termination follows an amended agreement but no final approval.
Details on future plans were not specified in the announcement.
HoganTaylor Expands in Louisiana via Merger with Hawthorn Waymouth & Carroll
Accounting firm HoganTaylor LLP merged with Hawthorn Waymouth & Carroll LLP to strengthen its Louisiana presence. The merger enhances regional footprint and service capabilities.
Specific deal terms were not disclosed.
Threaded Fasteners Inc. Acquires TSA for Vertical Integration
Threaded Fasteners Inc. (TFI) completed its tenth acquisition since 2012 by buying TSA, expanding to 10 states. The deal closed on January 5, 2026, bolstering vertical integration.
It strengthens TFI's manufacturing and distribution network.
C&EN Predicts Headwinds for China's Chemical Industry in 2026
China's chemical makers face ongoing challenges from US tariffs and global shifts in 2026, per C&EN's World Chemical Outlook. The year promises tumult amid tariffs, deregulation, and EV policy changes.
US chemical laws also factor into the outlook.