Pelican Energy Partners has acquired Riggins Company, a Hampton, Virginia-based provider of engineered metal fabrication and custom components to the US Navy and its shipbuilding partners, as well as the power, refining, petrochemical and aerospace industries.
Image source: The Motley Fool. DATE Tuesday, July 14, 2026 at 5:00 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer – Gayn Erickson Chief Financial Officer – Chris Siu Investor Relations – Jim Byers TAKEAWAYS Revenue — $18.8 million in the fourth quarter, representing a 34% increase from $14.1 million driven by demand for…
In October 2025, Mark Zuckerberg’s Meta (META 2.79%) announced plans to build a 2-gigawatt data center. By July 2026, that data center’s capacity had been upgraded to 5 gigawatts. Meta isn’t the only company building huge data centers; Space Exploration Corporation (SPCX 5.41%) is leasing out AI computing power from what it calls Colossus I…
Jonathan Korbecki was relaxing at home on the Thornapple River one rainy February night when the fire marshal knocked on his door, warning the nearby Labarge Dam may fail and send a wall of water his way. Hundreds of yards of trucked-in sand prevented disaster that 2018 night at the high-hazard dam, where a failure…
As sports become an even bigger engine of economic growth, the defining challenge isn’t identifying tomorrow’s fans; it’s recognizing that many of them are already filling stadiums, attending World Cup watch parties, and participating in digital communities. On this episode of The McKinsey Podcast, McKinsey Senior Partner Lucy Pérez joins Editorial Director Roberta Fusaro to…
The Food and Drug Administration on Sunday withdrew an earlier positive test that had tied Taylor Farms’ lettuce to the cyclospora outbreak, even as health officials said the supplier remains a focus of their investigation. The false positive doesn’t change the scope of the current recall, but it could prevent it from expanding. The FDA…
Roth IRAs have earned a reputation as one of the best retirement accounts available, and for good reason. With a Roth IRA, your investments can grow tax-free, and withdrawals in retirement aren’t taxed. Just as importantly, Roth IRAs don’t force savers to take required minimum distributions (RMDs). This means you can let your money sit…