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From 2 Chainz to Anthony Scaramucci, many claim to own SpaceX shares even before the IPO. How some get an early jump
Tech stocks today: Semiconductor company earnings in focus amid AI boom, Musk vs. Altman fight continues
Earnings live updates: Palantir to kick off busy week as S&P 500 earnings growth trend impresses
Mortgage and refinance interest rates today, May 4, 2026: Will rates rise again this week?
Best money market account rates today, May 4, 2026 (Earn up to 4.01% APY)
HELOC and home equity loan rates, Monday, May 4, 2026: How to use your home equity to build wealth
Best high-yield savings interest rates today, May 4, 2026 (Earn up to 4.1% APY)
Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges
Three-Circle seeks to raise up to $1 billion in Hong Kong listing, sources say
Testing and developing forestry tech in Norway
Andreas Råheim and his son Mikael run a business in Norway that’s helping test and develop forestry technology. They are using drones, satellite positioning and remote monitoring in tandem with equipment engineered with the latest automation and communication technology. Though it’s something Andreas could barely have imagined as a child, he has embraced it as a business owner. Source: Timberbiz “Using new technology is a big part of success,” he said. “It makes you work safer, more efficiently, and more securely, putting you at the forefront.” The logging practices Andreas observed as a child have evolved far beyond horses and tractors as foresters like him have sought ways to grow their business while adapting to environmental concerns and tight labour markets. Andreas and Mikael embody the dramatic changes in forestry operations taking place in their lifetimes. Their company, Valdres Skog, is north of Oslo in the region of Østlandet and employs 20 people, including two apprentices. Using five Komatsu harvesters and five loaders, they harvest about 130,000 cubic meters (170,034 yd3) annually for more than 250 forest operations. They made their first technology leap in 2015, after learning about Komatsu’s MaxiFleet system (now called Smart Forestry) at a trade show in Sweden. It was the first fleet management system of its kind: a web-based suite of tools enabling foresters to remotely visualize information from each machine’s control system. It meant that production could be monitored at the office — a huge development for an industry that often functions in remote, hard-to-reach areas. When the Valdres Skog machines were retrofitted to use the new technology, it was the start of a long partnership. The Råheims helped Komatsu understand how their new solutions worked in the field and how they could be improved even further. When Mikael enrolled at the Norwegian University of Life Sciences, which specializes in agriculture, environmental sciences and natural resource management, he had additional exposure to technologies Komatsu would later introduce to the market. The suite of solutions now known as Smart Forestry kept evolving, adding functions that helped Valdres Skog automate administrative tasks, receive remote training and support, use drones to collect data, share information among locations and machines and more. The most recent new offering Valdres Skog helped test, Smart Forestry Precision, uses the latest satellite positioning technology to determine a machine’s position within a margin of error of just a few centimeters. “Precision’s Geofencing has allowed us to increase efficiency and avoid errors, especially when it comes to environmental considerations,” Mikael said. “I can’t imagine working without Precision now.” Technology makes it possible to selectively harvest, plant diverse species, and work in a way that causes less disturbance to the forest ecosystem. Valdres Skog is investing in equipment for thinning as a way to future-proof the forest by making it more resilient to storms and disease. “If you take care of the forest, it stays healthy and binds carbon dioxide, and you can also extract the important forest raw material that adds great value by replacing fossil materials in many cases,” Andreas said.
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Wood use in Finland is driven now by industry
Increased wood consumption in Finland is now primarily driven by industry, where demand for wood-based products continues to rise. Finland remains one of Europe’s largest exporters of forest products, and the sector plays a crucial role in the national economy. Source: Luonnonvarakeskus, photo: Creative Commons Lic. Credit: Vargazs Finland’s forest sector is undergoing a clear transformation. In 2025, the use of directly harvested wood for energy declined, even as total wood consumption increased. This is shown by preliminary data from the Natural Resources Institute Finland. Firewood, long a central part of energy use in many households, particularly during winter months, saw reduced consumption over the year. The development marks a shift in a country where bioenergy has traditionally held a strong position. Many Finnish households still rely on firewood for heating, especially in detached homes and rural areas. Despite this, the volume of wood taken directly from forests for energy use declined in 2025. There are two main reasons for the decrease. On the one hand, demand for firewood has weakened. On the other hand, alternative uses for wood — particularly in industry — have gained importance. At the same time, total wood use increased compared with the previous year. This suggests that a larger share of raw material is now directed towards industrial processing rather than being burned directly. In earlier reports, it was pointed out that the forest industry is increasingly shifting towards higher value-added products, such as pulp, paper and wood-based bioproducts. This development reduces the incentive to use raw wood for simple energy production. The decline in firewood consumption is occurring alongside broader changes in Finland’s energy system. Alternative heating solutions, including district heating and electricity-based systems, have become more widespread. At the same time, questions remain regarding the role of bioenergy. Firewood and other biomass are often considered part of the energy mix, but critics argue that direct combustion of wood leads to resource inefficiencies compared to industrial use. The developments in 2025 indicate that the balance between energy use and material use of forest resources is being reassessed in Finland.
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Six new attachments for your Cat
Caterpillar has produced six new attachments to increase application flexibility of its next generation skid steer loader (SSL) and compact track loader (CTL), mini hydraulic excavators and certain backhoe loader models. Source: Timberbiz Built rugged to deliver reliable performance in the field, these new attachments are purpose-designed to optimize the performance advantages offered by next generation machines when completing land reclamation, grading, construction, demolition, agriculture, snow removal, trenching and other applications. Versatile buckets New Cat HD MP buckets help to optimize SSL and CTL versatility when digging, dozing, clamping, scraping, back dragging, grading and leveling. Designed specifically for next generation Cat 250 – 285 models, eight different bucket options offer widths ranging from 1883 to 2340 mm (74 to 92 in) and capacities of 0,53 to 0,68 m3 (0.7 to 0.88 yd3). These new HD MP buckets deliver up to 21% higher capacity versus similar standard MP buckets. With their serrated clam and dozer edges, these new buckets provide better material clamping retention. Reinforced side plates enhance bucket longevity and performance in demanding digging conditions, and bolt-on replaceable cutting edges offer edge protection, enhance structural strength and prolong bucket life. Serrated steps help to ensure the operator’s safety when entering/exiting the cab. Ideal for land management Designed for larger Cat 270 to 285 XE models equipped with rear auxiliary hydraulics, the new Cat Retrieval Winch allows operators to self-retrieve or recover a stuck machine due to challenging terrain or adverse underfoot conditions. Featuring an industrial planetary gear and hydraulic winch motor, this new winch offers a rated line pull of 8165 kgf (18,000 lbf). The design minimally impedes rear camera view to give operators maximum visibility to machine clearances and recovery operations. With its quick-disconnect hose design, the retrieval winch integrates into the advance joystick controls for dedicated hydraulic power-in/power-out operation. Its recessed roller fairlead design provides superior protection from damage, while permanently lubricated bronze bushings offer long roller life and smooth winch rope retrieval. Featuring a swing-away winch frame design, service techs maintain full-service access to the engine bay with simple removal of the retention-pin. Efficient ripping/scarifying Designed for use with Cat CTLs with rear auxiliary hydraulics, the new Cat Ripper/Scarifier breaks up, loosens or conditions the surface layer of compacted soil. It is ideal for scarifying tree roots, fields and small to medium rocks, and, when paired with the Cat Smart Dozer Blade and Cat Smart Grader Blade, it enhances grading in construction applications. Integrated with advanced joystick controls, it features dedicated operational control. Proven tough, the removeable and replaceable shanks and teeth are the same design as those used on Cat motor graders, and its multi-shank design allows the operator to select the number of shanks necessary for the application. The ripper/scarifier’s unique parallelogram linkage design allows shanks and teeth to rotate inward when raised to maximize machine departure angle. When lowered, it enables full-service access to the engine bay for daily maintenance tasks. Maximizing excavator utilization Our innovative next generation mini excavators made significant performance and serviceability advancements with groundbreaking designs, technology integration and an elevated operator experience. These new mulcher, grading beam and tilting bucket attachments, specifically designed to meet customer needs, offer more solutions to enhance productivity and utilization, so customers can do more jobs with one machine. High-performance mulching New Cat Bite-Limiter Mulchers for 6- to 10-tonne Cat mini excavators deliver high-performance cutting and mulching of vegetation, saplings and undergrowth from overgrown agricultural and forested terrain. With ribs on the rotor limiting material penetration of the chisel teeth to prevent stalling, the new mulcher quickly reduces trees and shrubs into mulched material, making it ideal for environmental maintenance and land reclamation. Smaller bits provide a finer finish product for fast decomposition. An integrated thumb bracket allows the operator to pull or push material into position for mulching or to move it away from the mulching area. With a gauge included to ensure correct sharpening, the chisel teeth deliver a consistent cut and finished product. The design features a variable displacement piston motor that provides high torque at low speed to power through tough material with reduced risk of stalling and automatically switches displacement to high speed once the material is cleared. Precise grading Designed for use with 5- to 10-tonne Cat mini excavators, the new tilt rotate system (TRS) Cat Grading Beams deliver precise grading and leveling capabilities, especially for 2D and 3D applications when used with TRS6 and TRS8 attachments. Available 1500 mm (59.5 in) and 2000 mm (78.7 in) widths allow these grading beams to offer efficient, high-performance grading with 360˚ of rotation and up to 40˚ angling capability. TRS vibration combines with machine down pressure to effectively compact material for a quality surface finish. Enabling clean leveling and grading at the jobsite, fixed in-line grading beams easily collect, transport and spread materials, and spill guards positioned on top of the in-line wings provide added control over material movement. Depth of the heavy-duty roller and scraper assembly is variable via side bearings for added versatility, and the heavy-duty scraper cleans the roller drum in both forward and reverse direction to prevent silt, clay, mud and other materials from sticking to the roller bar. When performing material compaction, the roller can be used in both forward and reverse directions. Ditch cleaning buckets New pin-on Cat Tilting Ditch Cleaning buckets feature tilting angle flexibility for digging trenches, slopes and other applications where up to 45˚ digging angles are required. With widths and capacities ranging from 1200 to 1500 mm (48 to 60 in) and 360 to 460 L (12.9 to 16.4 ft3) respectively, bucket designs are available for next generation 307.5, 308, 309 and 310 mini excavators as well as center-pivot and side shift backhoe loaders. A two-cylinder bucket design creates equal left/right tilt speed and equal hold force. The horizontally positioned two tilt cylinders are connected to one auxiliary for precise, synchronized movement of both cylinders. Their modular bracket design limits loss of breakout and digging forces, and the bracket connection features […]
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Hyne Community Trust put through the hoops
Eligible community organisations are encouraged to consider how the Hyne Community Trust can support them to deliver lasting benefits to the Tumbarumba region. Source: Timberbiz An example of a recently successful project is the Tumbarumba Sports Academy and its new basketball hoops. Hyne Community Trust Director, Janet Anderson said this is the second grant the Tumbarumba Sports Academy has received as the facility goes from strength to strength. “The provision of good quality sports and recreational opportunities for the Tumbarumba region enables health and fitness in a fun, social and affordable way for all ages. “The funds to fit out the sports hall with new basketball hoops has further improved the range of quality sporting opportunities for the community. “This comes after the Trust previously helped to fund the transformation of the mezzanine level into a safe Youth Precinct which is now fully operational and complete with security cameras in both the sports hall and adjacent dance hall.” Ms Anderson said. Tumbarumba’s community groups are reminded the Hyne Community Trust will open for applications on 1 June and close 30 June 2026. Community groups considering applying for a Hyne Community Trust grant should start reviewing the 2026 guidelines available here: https://www.hyne.com.au/about/community Projects must be valued at more than $10,000 and demonstrate how they will provide lasting benefits for the community in order to meet the criteria. The Hyne Community Trust was established in 2007 and has provided almost $1 million to the Tumbarumba region to date.
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The New Zealand Timber Design Awards are back
Now entering their 51st year in 2026, these prestigious awards celebrate the best in timber design and construction and provide a national platform to recognise outstanding achievement in the use of timber across the built environment. Source: Timberbiz Proudly hosted by Timber Unlimited, the awards recognise the businesses, people, and teams who are at the forefront of the timber revolution, using timber to deliver beautiful, high-performance, low-carbon, exemplary projects from large-scale commercial and public buildings through to residential, interior and innovation-focused work. For the first time, the Simpson Strong-Tie People’s Choice Award will be decided live on the night by guests at the gala event and online voters. This new format puts the spotlight firmly on the audience, giving everyone a chance to help crown one of the 2026 NZ Timber Design Awards winners in real time. The gala will be held on 6 June 2026 in Auckland. More details about how you can vote for your favourite finalist will be shared closer to the night. Buy tickets https://twelve.eventsair.com/tda2026/tickets/Site/Register More info https://timberunlimited.co.nz/get-involved/timber-design-awards
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