Royal Caribbean has selected six emerging artists from across the Caribbean and Central America for its Artist Discovery Program on the new Legend of the Seas, debuting in July 2026. These artists will create original, destination-inspired artworks including large-scale murals and sculptures, to be showcased in six prominent locations on the ship. The program aims to connect guests with the culture of the visited regions and extends to destination experiences like the Royal Beach Club Paradise Island.

Honeywell announced the new brand names for its post-spin-off entities: Honeywell Technologies and Honeywell Aerospace. This strategic move follows its recent decision to separate into two distinct publicly traded companies. The article specifically mentions the announcement date of June 16, 2026.

Starbucks has released two new blue coconut drinks for summer: the Iced Blue Coconut Matcha and the Blue Coconut Refresher. Both drinks are available starting June 16, 2026, with a portion of sales supporting Water.org's Get Blue initiative. The author, Rosamelia Sánchez Lara, and the Good Housekeeping food team tasted both, ultimately preferring the Iced Blue Coconut Matcha for its creamy, tropical, and balanced flavor.

BMO Capital has increased its price target for PPG Industries shares to $140 from $135, maintaining an Outperform rating. The upgrade is driven by stronger growth prospects in PPG's aerospace coatings business and solid demand in core markets. This move highlights analysts' increasing focus on the aerospace segment as a key driver for the company's medium-term growth.

Braemar Hotels & Resorts' largest shareholder, Bermuda-based Al Shams Investments Limited, has accused the trust of "self-dealing" and is threatening legal action after Braemar terminated its advisory agreement with Ashford Inc. Al Shams claims the decision, which involves a $480 million termination fee to Ashford triggered by asset sales, primarily benefits Ashford's founder and chairman, Monty Bennett. Braemar, now becoming a self-managed REIT, asserts the move is "the best outcome for shareholders" and plans a board restructuring, but Al Shams views it as a "betrayal" and intends to nominate independent directors.

Bernstein SocGen Group has increased its price target for Howmet Aerospace Inc. (NYSE:HWM) to $318 from $280, maintaining an Outperform rating due to a strong outlook for its Engine Products segment. The firm cited increased demand in commercial aerospace, defense, and industrial gas turbine markets, driven by factors like data centers and increased aftermarket engine work from geopolitical events. Howmet Aerospace also reported strong Q1 2026 financial results, surpassing revenue and earnings estimates, further contributing to analyst confidence.

State Street has launched a new government money market fund designed for stablecoin issuers, aiming to capitalize on the rapidly growing market for stablecoin reserves. This move intensifies competition with other major asset managers like BlackRock and Franklin Templeton, as Wall Street firms seek to manage the trillions of dollars projected to back stablecoins by 2030, generating significant management fees. The fund targets issuers operating under the GENIUS Act and has initial investors including State Street Bank and Trust Company and Anchorage Digital.

FirstEnergy Corp. is implementing its Distribution Automation Circuit Reconfiguration (DACR) system to enhance grid reliability and reduce power outages across its service territory. This initiative uses sensors, switching equipment, and intelligent software to detect faults and reroute power, aiming to minimize customer interruptions and improve System Average Interruption Duration Index (SAIDI) and System Average Interruption Frequency Index (SAIFI) metrics. For investors, these grid modernization efforts, while not immediate stock catalysts, contribute to FirstEnergy's long-term cost base, service quality, and regulated returns within its utility business model.

Braemar Hotels & Resorts has reversed its plan to sell the company, opting instead to become self-managed, a move that surprised both shareholders and analysts. To transition, the REIT must sell two to three more high-end hotels to cover $480 million in advisory agreement termination fees and $25 million in master agreement termination fees. Analysts note the path is complicated by existing debt on properties, challenging remaining markets, and discontent among shareholders like Al Shams Investments.

Westinghouse Air Brake Technologies (Wabtec) stock has reached an all-time high of $275.92, representing a 37.06% increase over the past year. Despite this achievement, InvestingPro analysis suggests the stock is currently overvalued, though the company remains profitable with a P/E ratio of 38.85. Recent developments include exceeding Q1 2026 EPS expectations and a declared quarterly dividend of $0.31 per share.